-$154 Loss
CAPNShort Stock

Entry comments: Up on crap news from a few days ago. I shorted in morning panic, and of course as soon as I did it bounced. I decided to hold because I think my theory is right. It faded nicely the rest of the day and at market close I'm ahead slightly. I think it will continue down to 4.00, if not 2.00. Would be nice to lock in profit at 4!
Exit comments: No such thing. It spiked due to a Seeking Alpha article, then faded where I unloaded half my position for a loss, then on day 2 it climbed again, but I held until it bottomed (level 2) where I unloaded the other half of my position. So, in the end, I did a nice unloading after it went against me. I wanted to be out of this stock in case it kept going up on hype.
Newsletters:Pennystocking Silver
Broker:SureTrader
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| Date | Price | |
|---|---|---|
| Entry | 2/20/2015 | 5.51 |
| Exit | 2/25/2015 | 6.28 |
- Total Views336
- Position Size200
- Percentage-13.97%
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