-$312 loss KODK Long Stock
Entry comments: I bought this recent Supernova into the market close for a gap up/morning spike tomorrow as its heating up late day up to the 7.20s and now is coming down a bit ans this strength could signal further spiking since this one can really run more than you think, small position though due to the overall market risk, but I like this solid first green day after a big multi-day consolidation
Exit comments: Not gap up, no morning spike, overall bad market, rule #1 cut losses quickly, small loss, acceptable
@Bairo @ddq2645 MBRX issued 4.29 million shares of common stock at a purchase price of $2.10 per share. That was definitely the reason for the drop. Stock price usually drops to that issue price after this type of news is announced.
Anyone here has an alliance trading account ? comments
Thanks for replying guys. It was kind a hard to cut losses quick after gap down but hey its a part of the game.
ADAPT
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