-$390 Loss
MMEGLong Stock
rabbits6

I learned in this trade to buy the rumor and sell the news. I purchased this stock again on news that Co would buy social network companies after I made a profit on the rumor run up. I did the opposite in this case. Held shares over 1 month from $1850 value down to $270 and back up.Sold today on news that they did finally buy the companies. Happy to recoup most of my money.

000
DatePrice
Entry12/22/20160.0061
Exit2/9/20170.0048
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  • Position Size300,000
  • Percentage-21.31%
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