Entry: Purchased SOAC as a swing trade. Goal was sell with at $15.00 to $20.00. Stop loss was the redemption price + interest if the they didn't find a company to merge with or -1%. Exit: Didn't follow the rules and take partial or all profits into the run up at $12.00. Sold before vote on merger. The only rule that I did follow for a small profit. Don't let greed take over an not take profits when they are given to you.
I am little confused about this stock, got out and if needed I shall buy it back again. Following Superman's swing trade strategy.
Entry comments: Super Swing
Entry comments: Had bought 200 and sold part when it dipped under 10 meant to add back but didn't and now it has been over 10.5 for a month or so still no news
Exit comments: Held to long and not a good trade at all but needed to cut and get out
Entry comments: Re-re-re-entering this SPAC opportunity which finally has merger news this morning. I'm going back in almost exactly where I exited a couple days ago. Goal is to sell on a spike in the teens. Risking redemption value (10.00).
Exit comments: Once again, it didn't spike. I need to just let this ticker go instead of parking and waiting on it. The merger didn't make it run, and SPACs are behaving differently since last month, so I'm going to focus on more volatile swings.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
