$14 Profit
RLOGLong Stock
wannabestocktrader

Entry comments: Posting this now, since it doesn't look like I'll get my complete order filled. $RLOG has news of being acquired, and was a recent runner from 11/7, so my thesis is there's shorts that might not have covered yet, hoping this goes to $0, and now it won't go to $0. Looking to hold into the open unless a good pre-market sell opportunity presents itself, since I have such a small position I can literally risk it going to $0 today. Not expecting much, but these types of plays can really run.

Exit comments: It seemed like I was on the right track, so I decided to take profits and sell when I had a chance. I still think this goes, and I'm looking to get back in possibly in ToS once it's open, but no change in price pre-market between now and then would really make holding this trade worth it more now. Basically, I saw an opportunity, made the decision to take it, got in at a good entry, and managed to sell for a nice % winner in a short amount of time. I need trades like these. ~$2 comm = $12 win

1
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DatePrice
Entry11/22/20170.56
Exit11/22/20170.63
  • Total Views147
  • Position Size200
  • Percentage12.5%
Proof
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