$70 Profit
MNKDLong Stock

Entry: Despite many bad indicators, this company keeps rising since bad earnings announcement. Has patents and IP recently dated but reports of ~60% short interest. Waiting for it to spike from a squeeze. Exit: No spike in two days. Read that options expiry was partly to blame for $2 consolidation on the 18th. Too big to move fast and too many big players interested in this one. Took partial profits and waited for a spike past 2.18 which failed. Got out at 0.10 per share gain.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 3/18/2016 | 2.07 |
| Exit | 3/21/2016 | 2.17 |
- Total Views241
- Position Size1,000
- Percentage4.83%
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