$30 Profit
TPICLong Stock
Nik_Ivanchenko

This is a recent IPO which reported good earnings and a contract extension and expansion on Wednesday evening. Even though this is not the most volatile/liquid stock out there, but the gap up seemed to be very predictable. I expected a breakout of 16, which happened at market open, but there was no continuation. I wanted to sell in high 16s, but had to lower my goals. Certainly, I missed about 10-20 cents a share, but it is nice to have these predictable plays and be able to profit from them.

000

Broker:ETrade
DatePrice
Entry8/10/201615.205
Exit8/11/201615.80
  • Total Views109
  • Position Size50
  • Percentage3.91%
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