-$62 Loss
VMRILong Stock
BugisPirate89

VMRI was a pump that ran pretty nicely a couple days ago, then started to dump. it started to bounce back yesterday and held pretty good support in the $1.50's today. I was hoping for a friday short squeeze on possible shorts (as did tim) but it turned out to be a collapsing company. I cut losses quick as I learned in the past, and I did good by selling in the 1.50's since it closed around the 1.30's. Buying P&D is too risky just as shorting contract winners is.

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Broker:ETrade
DatePrice
Entry7/1/20161.56
Exit7/1/20161.50
  • Total Views200
  • Position Size700
  • Percentage-3.85%
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