timothysykes

-$345 loss ACM Long Stock

Entry comments: Normally I don't do higher priced stocks, but this could run a $1-2 dollars per share the next few days as word gets out about Elon Musk being given verbal agreement to build Hyperloop that'll connect NYC to DC in 29 min http://tim.ly/2uGramn as sadly there's only 1 Hyperloop play http://tim.ly/2uf4AB1 so I'm not in this for big profits, it's just a good example of how I think/research and we'll see if this stock gets bid up as others begin thinking about the potential contract here

Exit comments: No press mentions of the Hyperloop deal, local governments are questioning Elon Musk and this stock is dropping so I'm cutting losses, no biggie...it was worth a shot, but it's a good lesson to stick to my lower priced stocks rather than leave the niche that has treated me so well

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