Entry comments: Bought this contract winner on a late dip. It was halted, and when released it spiked to 5.95. I see september support at 4.4 so that's the downside, and huge potential on a possible morning spike when this news spread around.
Exit comments: Lesson learned and this one REMEMBERED!!! I will never ever hold contract winner for this long, I can hold earnings winners, but contract winners and billionaire plays not. I locked 300 shares @4.85 but 700 shares I lost my temper and sold it today for a crap. Lesson learned, thankfully there's shorting.
There's no volume after its 26.2 million award from U.S. Homeland Security. The stock spiked from 3.89 to 5.72 after the trade resumed. I entered at 5.5. It dropped to 4.60 right away. The second the spread of news did not bring any more volume. I took exit before the weekend started.
Entry comments: had this pop up on my news feed. got halted and spiked as it resumed. bought into the spike since it was so volatile. aiming it to retest its highs
Exit comments: went down after its spike. sold to cut losses. too low volume
Decided to upload this one early because it does not really fit the small size criteria of trades I've been doing lately as talked about here: http://profit.ly/user/Ike/blog/recapping-fridays-action--important-stuff-to-read Anyway, this was a dangerous play. I saw it as a huge opportunity after all of the volatility halts so I shorted with pretty big size. TOO BIG! The stock was not liquid enough so I had trouble getting out which really scared me for a second. Got out too early
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
