Entry comments: Bought this earnings breakout. Looking to take a piece of this move
Exit comments: This did not go as planned. Cut for a max loss to have it reverse back to breakeven. Unfortunate. Definitely need to review more
Was expecting a bigger move sooner than this time. Decided to cut losses earlier. My original stop loss was $2.90.
Swing trade idea staying stagnant and going nowhere. Took half to reduce risk. Holding other half with Risk at $3.00 -- Goal is $3.50++
Risky speculative swing trade. I watched this stock grind down over time after a nice November move, drybulk shipper, so when $DCIX, $DRYS, $TOPS started showing signs of life, I wanted to see if I could catch a sympathy play. I got in before an investor presentation at a conference, but the stock didn't do anything. As the markets started to tank and this held, I cut losses not wanting to risk downside, and now it's to $2.30 again. Worth the risk. $18.30 loss + $13.90 comm = $32.20
Short the spike! However, this is a terrible risk-reward trade. I was so lucky that it come down. Also the volume totally disappear the next day, which make it really hard to cover.
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