That's me :)
Entry comments: Buying for morning gap up/spike as this new Toshiba/Sandisk deal is the good news stemming from the 2/27 catastrophe when they said that relationship was over...the stock was at $3.80ish before that day, I'd expect another spike toward that level now that its holding support at $3
Exit comments: Disappointing no gap up, no morning spike, maybe rebounds later, but can't take that chance as I thought it'd be stronger, very similar to RCON letdown, good lesson for me to take mental notes on, gotta cut losses quickly when wrong
Thanks for the heads up Tim. I'm new to the Challenge, so I'm excited with this trade.
Your honesty and transparency as a teacher go a LONG way Tim, even though you lost money on this trade it was still an important lesson for your students...lets focus and let the STRATEGY work us! Thanks BOSS!! :)
"For example", I learned that its VERY important to wake up early, I just looked at IMI and it's down to $2.86 now, so if you had woke up 10 minutes later then you would be down another $3,500....Learned "very important to cut losses quickly" and "The early Bird gets the Worm", only in this case you saved losing more Worms! Thanks again Boss! :)