-$392 loss ATAI Long Stock
Entry comments: I bought this speculative news about a partnership with social media giant Tencent, no official press release yet, just this Chinese article I translated http://tim.ly/1O7w29U VERY risky since this is an illiquid stock, but seeing it early before any official PR is released lessens my risk, goal is to sell whenever this press release gets announced and people realize how important a deal this is
Exit comments: Cutting losses on this one that never announced their Tencent deal which is why I bought...small losses are okay, don't let small mistakes turn into potentially big disasters!
@Atiqe thanks for replying. Very sorry - total newbie, OEGD? Overnight Earnings Green Day ? Also, how did you notice the stock? Just high % gainer and then analysis?
@Atiqe thanks for all your help answering questions. was this stock on your watchlist because of the supernova move a few days prior? then when it opened lower and failed to b/o again you shorted?
@NomadsTrade OEGD = over-extended gap down
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