Hi,
I seem to be attracted to investing in bankrupt companies! Heres one I acquired last November for a gain of 2 yards; $200.
Date Acquired: November 20th 2009
Position held:
5,940 @ $0.14
5,100 @ $0.145
This for me was a learner stock. Within a week the stock was trading at $0.21. However I thought it would keep on rallying, my lack of discipline in this trade brought me to my feet, as I watched the ticker retreat to $0.12. Thus I was trapped for nearly a month and a half, so the very second I could sell it and gain some profit I did. One day it jumped back up to $0.155 and I was all out!
Initial investment: $1,610.07
Final exit price: $0.155
Total net profit: $101.13
No comments:
Post a Comment