-$100 Loss
ISNSShort Stock

Last night news about the CEO dumping a bunch of his shares get out at about 4:30pm....Thought there would be a morning panic after some premarket dips...But it turned into a morning spike. I did not cut my losses quickly and held all the way until Noon....Stock has dipped dramatically since then and is consolidating around 3.68 at 2pm....If I held I could have covered for puny gains broke even....I should have cut my losses right when it went to 3.70 on the morning spike. Like what Tim did.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 8/28/2014 | 3.65 |
| Exit | 8/29/2014 | 3.75 |
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- Position Size1,000
- Percentage-2.74%
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