Loss. Got in late and should have gotten right out at 10 profit. Then it dropped.
PM short
Entry comments: Bought this as it was a big spiker today on good news and was consolidating through support and resistance at 1.09 - 1.16. Volume spiked at market close. Still up 29% afterhours, could still move tomorrow.
Exit comments: Horrible, horrible trade. Was a one day spiker, not in a hot sector, held on through stubbornness. Became a bagholder, even with Two earnings releases (quarterly and end of fiscal year earnings) the stock didn't budge at all in a positive way. Takeaway, look for stocks that are in hot sectors. Don't trade random crap, most of these are just one and done.
Over night play that ended up lasting multiple days because it didn't really break down so I held. No bounce after the 2nd day so I cut. Looking in the wrong places I guess.
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