$972 Profit
BGILong Stock
Entry comments: I bought this earnings winner on a dip off its 1.40 highs, VERY small position since its up so much, but given the solid news, this can run more, goal is to make 20-40 cents/share, risk is roughly 10 cents/share of downside if I'm wrong, the key to my possible success is dip buying, NOT chasing...I don't have to trade, remember that
Exit comments: PERFECT breakout over the morning highs, now 1.53 so maybe I'm playing this too safe, but my goal was reached and this is up nearly 180% today so lock in profit, take the meat of the move, very nice!
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| Date | Price | |
|---|---|---|
| Entry | 7/5/2016 | 1.22 |
| Exit | 7/5/2016 | 1.48 |
- Total Views1,683
- Position Size3,800
- Percentage21.31%
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SabZabJul 05, 16 11:24 AM
Within an hour of the news, at $285M sales, stock price doubled. Do you see the dip like a post-nova bouncing ball? Pennysilver-still learning, reserved your conference in Sept. Many thanks.
SabZabJul 05, 16 12:20 PM
A high of $2.13 and currently $2.05. What a shocker. Was this in your watchlist Tim?
timothysykesJul 05, 16 1:39 PM
@SabZab its at $4+/share now and yes it is a shocker and no it wasn't in my watchlist since its an earnings winner today, get your head straight man
Philweinstein39Jul 05, 16 2:11 PM
@timothysykes just clarifying, you really shouldn't dip buy a supernova because it's too risky since it was up so so much. But wouldn't this supernova have a bounce when It goes down even more? Thanks
SabZabJul 05, 16 3:03 PM
@timothysykes thanks. Plenty calm on a shocker. Let me clarify my original statement and observation, I recognized a breakout that appeared like a nova, this was at $2 while expecting the $4-$5 it achieved around 1:50-1:55pm today. My question about a bounce was a guess. Anyway, much to still learn and appreciate the correspondence. Thanks Tim.
BsupaJul 05, 16 5:01 PM
This is a NYSE Stock but does not show up on yahoo finance market movers,why is this?
timothysykesJul 05, 16 7:58 PM
@Bsupa because most platforms don't give a shit about low priced stocks like BGI so theres errors galore, that's why we created http://stockstotrade.com SPECIFICALLY for low priced stocks like this
