-$32 Loss
CAPNShort Stock
okgood

Entry comments: Wednesday: This stock is up 145% on commercial news. OK, might be great product, but up 145% in a day. Up from 2.43 to 6. Going into close it could not keep HOD, and started to breakdown. Looks like H&S pattern could be forming at around 5.70. I think it'll decline tomorrow, to maybe 5.50 or lower. I don't think it wil go higher, even if there's a morning spike. News is just too thin, and it's gone up too much in 1 day.

Exit comments: Thu: Well ... it was looking good pre-market. It had spiked and was downtrending. At market open it continued to downtrend, quite rapidly. I was watching level 2 on my iPhone and saw at one point is was down to 5.30 (below my goal of 5.50). At the time I was hosting a teleconference, so not able to PAY FULL ATTENTION so I did not take profit. I was hoping it would continue. It bounced and I got out PAINFULLY at 6.20. LESSON LEARNED - DO NOT TRADE WHEN HOSTING TELECONFERENCE CALL.

000

Broker:SureTrader
DatePrice
Entry2/18/20155.88
Exit2/19/20156.20
  • Total Views137
  • Position Size100
  • Percentage-5.44%

Charts

Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment