Entry comments: Bought this potentially revolutionary technology play in reaction to this article http://tim.ly/1v4kGZg this little $50 million company is working with $11 billion SWKS on a product that could be huge for the smartphone industry, GREAT article, potential bidding war for RESN, its jumped a ton on the back of this article though so I'm taking a VERY small longer term position with the goal of adding to my position at lower prices...but it might just keep spiking, I also bought short-term too
Exit comments: Sold the remainder of my longterm position for $2/share profit, now $9.16 as I type, but I LOVE locking in $2/share profit 25%+ profits within a week, potential re-buy at lower prices, but this is a scary stock that moves a ton on low volume, congrats to all longs
Position Updates
- Nov 12, 14 1:05 PM: Bought 1500 at 7.13 - Bought this potentially revolutionary technology play in reaction to this article http://tim.ly/1v4kGZg this little $50 million company is working with $11 billion SWKS on a product that could be huge for the smartphone industry, GREAT article, potential bidding war for RESN, its jumped a ton on the back of this article though so I'm taking a VERY small longer term position with the goal of adding to my position at lower prices...but it might just keep spiking, I also bought short-term too
- Nov 18, 14 1:25 PM: Sold 800 at 8.01 - Sold roughly half my position just to lock in some gains along the way...might look to buy them back cheaper since this nice 15% spike isn't the result of any news...I trade safely...when I can make 15% in a few days I take some profits off the table, still holding a small position though as I'm VERY excited about this company
- Nov 19, 14 8:48 AM: Sold 700 at 9.00 - Sold the remainder of my longterm position for $2/share profit, now $9.16 as I type, but I LOVE locking in $2/share profit 25%+ profits within a week, potential re-buy at lower prices, but this is a scary stock that moves a ton on low volume, congrats to all longs
Date | Price | |
---|---|---|
Entry | 11/12/2014 | 7.13 |
Exit | 11/19/2014 | 8.472 |
- Total Views1,587
- Position Size1,500
- Percentage18.82%