-$3,440 Loss
YODLong Stock
Entry comments: I dip bought this recent earnings winner right near support at $1.79-1.80ish, it hit 2.25 after earnings on which they announced big revenue growth and enough cash to last for years, but more importantly management teased new businesses and partners that will be announced shortly so it's a waiting game and my goal is to sell into the spike ideally into the $2s created by that "breaking news", it pays to do research ahead of time and not follow lemmings like most others do :)
Exit comments: Keeps going down, gotta protect, stop losses hit, will do video lesson explaining more this week
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Position Updates
- Apr 06, 16 12:56 PM: Bought 8000 at 1.81 - I dip bought this recent earnings winner right near support at $1.79-1.80ish, it hit 2.25 after earnings on which they announced big revenue growth and enough cash to last for years, but more importantly management teased new businesses and partners that will be announced shortly so it's a waiting game and my goal is to sell into the spike ideally into the $2s created by that "breaking news", it pays to do research ahead of time and not follow lemmings like most others do :)
- Apr 27, 16 10:08 AM: Added 6000 at 1.66 - I added to my position on this low volume selloff, mostly due to the overall market's decline...still waiting on positive news they teased during their earnings conference call, just averaging my position down given my small initial investment, goal is still to sell in the 2s
- May 02, 16 9:55 AM: Sold 14000 at 1.50 - Keeps going down, gotta protect, stop losses hit, will do video lesson explaining more this week
Related Posts
| Date | Price | |
|---|---|---|
| Entry | 4/6/2016 | 1.7457 |
| Exit | 5/2/2016 | 1.50 |
- Total Views1,346
- Position Size14,000
- Percentage-14.07%
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