-$1,500 Loss
DRYSLong Stock

Forgot to post this trade from 02/07/16 (trying to forget actually) This was when they released earnings after the close. I tried reading the report but wasn't understanding it, plus kept seeing the stock quickly climbing. I hesitated too long to buy, then when I did, I guess people realized it ended up being bad earnings and it started sinking like a ship with a big hole in its bottom. I need to learn how to read an earnings report (and understand it) in a few seconds.
Newsletters:Pennystocking Silver
Broker:Merrill Lynch
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| Date | Price | |
|---|---|---|
| Entry | 2/7/2017 | 5.90 |
| Exit | 2/7/2017 | 5.15 |
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- Position Size2,000
- Percentage-12.71%
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