-$928 Loss
MOMOLong Stock
Entry comments: Bought this earnings winner/social media play will explain later, had to buy before market close
Exit comments: Heading the wrong way premarket, I don't trust it since it's a truly perfect play (far too large market cap), cut losses quickly on speculative trades as disappointing as they might be, potential rebut when price action is better/breakout above 16.30ish...there's a good chance I'm just playing this too safe in illiquid premarket, but better safe than sorry
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:ETrade
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Position Updates
- May 19, 15 3:58 PM: Bought 3000 at 16.30 - Bought this earnings winner/social media play will explain later, had to buy before market close
- May 19, 15 7:11 PM: Added 800 at 16.06 - Added to my position afterhours as I didn't have a great entry price at first since the late day breakout was at 16. This is an earnings winner/new social media company finally getting respect due to massive user growth and I expect this to spike another 50 cents-$1/share this week so I'll add to my position on dips
- May 20, 15 8:52 AM: Sold 3800 at 16.02 - Heading the wrong way premarket, I don't trust it since it's a truly perfect play (far too large market cap), cut losses quickly on speculative trades as disappointing as they might be, potential rebut when price action is better/breakout above 16.30ish...there's a good chance I'm just playing this too safe in illiquid premarket, but better safe than sorry
| Date | Price | |
|---|---|---|
| Entry | 5/19/2015 | 16.2495 |
| Exit | 5/20/2015 | 16.02 |
- Total Views939
- Position Size3,800
- Percentage-1.41%
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