
Thought this would be a good buy based on news of a possible takeover by Staples. Closed on Monday at 7.63 and gapped up Tuesday morning to 8.92. It closed on Tuesday at 9.28 and gapped up to the 9.50s in premarket trading. It seemed to be on a strong positive trend. Unfortunately, it hit its ceiling at 9.61 and has been hovering in the 9.40s since the opening highs. I stomached a drop to the 9.30s and sold when it briefly shot up for a minimal loss.
Newsletters:Pennystocking Silver
Broker:OptionsXpress
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| Date | Price | |
|---|---|---|
| Entry | 2/4/2015 | 9.575 |
| Exit | 2/4/2015 | 9.49 |
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- Position Size50
- Percentage-0.89%
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