MarcMunoz

Bought this low float long. Watched it move up and then against me but I held & finally it paid off. Shoulda, woulda, coulda sold sooner for a small gain but patience paid off for me on this one. Why didn't I sell sooner? Mainly because it was such a low float

12
19130
DatePrice
Entry5/4/20161.446
Exit6/3/20162.3226
  • Total Views2,056
  • Position Size9,000
  • Percentage60.62%
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Madbash
1
MadbashJun 03, 16 10:28 AM

Nice Play!

atul71
1
atul71Jun 03, 16 10:28 AM

nice one marc

hellacious
1
hellaciousJun 03, 16 10:28 AM

Very nice! What prompted you to buy the stock early May and hold it?

Bet0nBlack
Bet0nBlackJun 03, 16 10:32 AM

Sweet Play. Way to stalk a trade

MarcMunoz
1
MarcMunozJun 03, 16 10:43 AM

Thanks so much guys I really appreciate all the comments. I bought on rumor of a buy out. Here's my tweet on this stock and the reasons why I held so long. "EBIO Yahoo Finance says, Eleven Biotherapeutics is 12.73% insider held, 73.6% Institution held w/ 11.24% of the 6.53M float sold short " You can't do with just any stock but the truly low floats have always been good to me and I have different views for holding them.

Model3
Model3Jun 03, 16 12:55 PM

Awesome Trading !!!

NoviceUnicorn
NoviceUnicornJun 17, 16 12:37 AM

I like your style. I currently work the same way but am new. What was the % of total portfolio on this 12k investment ? I currently only go 5% max, which is about 4k$ segmented into 4 purchases averaging up/down on any 1 equity.

Dukegralewski
DukegralewskiJun 30, 16 4:17 PM

Hell yeah dude! I hope that my first major gain will be as successful as yours!

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