timothysykes

Entry comments: Bought this small Chinese retailer after their solid quarterly results, this has spiked a ton in the past and their revenue growth and expanding gross margins, not to mention possible Alibaba connection, mean this is like EFUT can can spike $1-2/share in a day with the right news so I'm dip buying this here in the high 3s after ti already hit the 4.30s on Wednesday...will have more detailed research on this new pick this weekend!

Exit comments: I sold into this January Effect spike buying for a hard earned small profit, not a great trade at all as the stock was underwater most of the time I held, but I was right to hold as close to January as possible to sell into this kind of a spike for small profit...could keep going, but this stock has not performed well so I can't risk it

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Position Updates

  • Nov 28, 14 8:50 AM: Bought 2000 at 3.75 - Bought this small Chinese retailer after their solid quarterly results, this has spiked a ton in the past and their revenue growth and expanding gross margins, not to mention possible Alibaba connection, mean this is like EFUT can can spike $1-2/share in a day with the right news so I'm dip buying this here in the high 3s after ti already hit the 4.30s on Wednesday...will have more detailed research on this new pick this weekend!
  • Dec 05, 14 12:35 PM: Added 2000 at 3.55 - Added to my long on this earnings winner on a dip, longterm support at 3.50, my goal is still to sell into a big spike, ideally in the 4s or even 5s
  • Dec 24, 14 10:25 AM: Added 4500 at 3.01 - Doubling my position on the big dip, the news is still fundamentally good, nice support in the 2.90s and 3 so my goal is still to sell into bigger spike
  • Dec 31, 14 8:53 AM: Sold 8500 at 3.39 - I sold into this January Effect spike buying for a hard earned small profit, not a great trade at all as the stock was underwater most of the time I held, but I was right to hold as close to January as possible to sell into this kind of a spike for small profit...could keep going, but this stock has not performed well so I can't risk it
DatePrice
Entry11/28/20143.3112
Exit12/31/20143.39
  • Total Views865
  • Position Size8,500
  • Percentage2.38%
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