($10) Loss
DPWLong Stock
DerekMelchin

In premarket, the company announced it was awarded a $2.9M contract (the company is only worth $10M, so it's a big contract). The PR had quotes from both of the companies in it. It got up to $0.115 premarket before coming down again at 9am like it did yesterday. I bought it just above the support base from yesterday, expecting that it could get morning spike like it did yesterday. The overall markets were down 1% today, so the stock didn't morning spike and just faded below my stop loss.

000

DatePrice
Entry3/7/20190.093
Exit3/7/20190.08914
  • Total Views15
  • Position Size2,500
  • Percentage-4.15%
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