$330 Profit
AMRNShort Stock

1)Volatile - Yes. 2)Catalyst-previous week had positive news, now might be overpriced and ready for mkt correction 3)Tradeable-yes, @ IB. 4)Risk 0.10 (3.18) reward 0.18 based friday's support at 2.90. 5)Rewards vs. risk not all that great, however I saw the stock having sideways price action with a triple top at 2.08. Decided to short a bigger position (for me) of 3000 shares and make .10 to .15 profit. Wasn't sure how fast the stock could move due to massive volume, took profits at 0.11/share
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 3/16/2015 | 3.08 |
| Exit | 3/16/2015 | 2.97 |
- Total Views227
- Position Size3,000
- Percentage3.57%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only: