$103 Profit
ASTILong Stock
In averaged at $.1679, out at $.191 for 4460 shares. Got into this one way too high. The price dropped and I was able to average down over a couple weeks to go from a big loss to a nice gain. Sold today on patent news. Lesson: it is possible to turn a loss into a win by averaging your position down, but don't ride a loser into a deeper hole. Ensure the stock has room to recover.
| Date | Price | |
|---|---|---|
| Entry | 12/1/2015 | 0.1679 |
| Exit | 12/14/2015 | 0.191 |
- Total Views212
- Position Size4,460
- Percentage13.76%
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