$373 Profit
NTNLong Stock
timothysykes

Entry comments: Bought this maker of restaurant entertainment/ordering tablets that has a big deal with Buffalo Wild Wings...I've been watching it for months, but only in the past few days has it broken out and price action suggests some good news coming, ideally another restaurant franchise contract. Goal is to make 30-50% on this one and sell into a big spike

Exit comments: Sold into the Business Insider article-related runup, normally I would hold for bigger gains, but with uncertain earnings coming in the next week I like taking safe 10%+ profits on a speculative stock pick. If they announce some meaningful news or #s I might re-buy but this company has usually excelled at hype and underperformed at actual business so I sell into this media hype!

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DatePrice
Entry3/11/20150.48
Exit3/18/20150.545
  • Total Views1,508
  • Position Size5,800
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rogerthat
rogerthatMar 11, 15 11:52 AM

I like this one. $NTN has a hiring event coming up tomorrow on 3/12 and will announce their financials on the 26th. Seem like positive catalysts.

rogerthat
rogerthatMar 11, 15 1:53 PM

Listening to the presentation CEO did yesterday, believe that they are building out their sales team, will lay out their strategy in a bit more detail on the upcoming conf call on March 26. Definitely positive catalysts on the horizon for $NTN Here's a link to the webcast - http://wsw.com/webcast/roth29/ntn/index.aspx

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