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TRXCShort Option
Entry comments: Caught my attention on a recent and large spike which was the result of a very shady and unfouded rumor that Johnson and Johnson may be interested in purchasing the company. I put in the this trade as a surrogate for shorting the stock . Here’s why. First , there is a dilution of shares on the horizon due to a new funding deal which if approved by stockholders will result in a lower stock price and the stock was recently pumped and their dog and pony show in Boston ended on Friday
Broker:Fidelity
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SDRLShort Option
Entry comments: Sold the March 18 2016, 7 Calls and Purchased the 8 calls for a net credit of 9.6 cents per share. Closed out position 3 days later for maximum gain of 9.6centes per share or $192.73
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.
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.
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.
