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seen it trading down so i got out of it, was playing this on hype and conference call. none of it was good for jcp so i got out and took a single
just took quick profit, watched the ticker and decided to let it fly after this trade
i knew it could not hold above $1 so plan was anytime it hits $1 or higher, id short it
goal was a single and i knew it would be but was just making money
didnt wanna give the gains back, i thought it would go lower but took profit
it was up for no reason was shorting this but volume was slow and i didnt have the patience to watch it crawl
got impatient and just got out, later went down to mid low $9. got away from my game plan
gapped up on sector news, i knew it would go lower but knew i can make more money right now on another trade so got out and took my single
they got bought out. didnt see a sec filling or no news. pattern was at resistance and since this was a high setup for me i took it, will never trade over weekend again
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.
