-$136 Loss
KRBFLong Stock
papajohn

This was a really frustrating trade that shows the dangers of playing illiquid tickers. I bought the breakout on this about a month ago. Ended up with way too much size as the volume died off and the spread was over 50% some days. The finally had a SEC filing yesterday that brought in some buyers and I was able to exit for a small loss. Could have made $3k had I waited until later in the morning to sell, but I just wanted out. The previous day there were no shares traded so I was happy to exit.

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Newsletters:TimChallenge
Broker:ETrade
DatePrice
Entry5/8/20180.0253
Exit6/6/20180.025
  • Total Views195
  • Position Size250,000
  • Percentage-1.19%
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