
Traded this with quick analysis, no real research. Up pre-market due to news that the remaining shares of the stock may be bought out at $1.10 per share. Low float of 9.5m, remaining potential shares to be bought out for $1.10 is around 5M. Good volume spikes in the past. Entered pre-market at $.75 for 600 shares, sold at $.72 cuz I didn’t like the price action and dropping vol. Buy was for $.80 limit - executed at $.75, sell or was for $.69 - executed at $.72 for a ($31.13) loss.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 3/24/2017 | 0.7525 |
| Exit | 3/24/2017 | 0.7238 |
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- Position Size600
- Percentage-3.81%
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