Open Trade
MDRLong Stock

Entry comments: Back into MDR! New CR $ is 4c. Since you often see the price come back to the CR $ and then bounce off it, I had an offer in for 4c for a while which got filled today. It is a ST/MT trade for me since it might as well hang around this level for a while or even drop because of dilution. Even if it does drop, I don't expect it to drop below 3.6 IMO so good r/r. To be honest: it is a risky play but from a FA perspective I'm willing to take the risk on MDR; big opp., low MC, well managed.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 10/23/2016 | 0.04 |
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