I thought I was dip buying into a spike, turns out I was buying into a crash. The stock was up 10% on news that they had acquired 150,000 private shares of another company, thought it could run. I cut my losses quickly, only lost $15 plus the other $20 in fees for a total loss of $35 on a $300 account. Oh well, ill try again next week.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 7/15/2016 | 3.80 |
| Exit | 7/15/2016 | 3.60 |
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