GNUS Trade on Aug 12, 2016 00:00 from aristocks: Tradervue User Stock Trades.

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Shared by
aristocks

 

Shares traded: 23300
Closed Gross P&L: $31614.42

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I had may trades with this stock, but I will add only the most recent ones.

I bought originally at 11.38 217 shares and then 783 shares at 4.83 to double down for a tota of 1000 shares.

Then Bought 5000 shares more recently at 0.79 to double down on my current loss of 1000 shares as mentioned above.

I sold both positions mentioned above recently. It was lucky in a way and sold the shares at around 6.43 after the shares price went all the way to 12$. Again I got greedy and should have sold at 10, 11 or 12$ to take my profit of 60k. I did not because I got greedy as I said, but because I truly believe this stock as great potential and will be amazing in 2-3 years.

As I was still in the middle of setting my trading strategies and learn more on how to properly trade when I mistakenly bought too early. At around 5.6$ 5000 shares. Now the shares price is around 2.4 (Jul 8th, 2020). Again, FOMO and should have waited.

Fortunately I traded the stock in and out with few thousands shares and was able to make a profit $2'800 in total so I did reduce my current loss of $16'500 (July 8th, 2020). I plan to keep this shares till minimun next year because this company will be flying. The only question if I need to buy more now to make sure I do not loose opportunity to buy cheap (but could me just FOMO) or keep trading on margin to make my 2-3 k weekly.


Execution detail:

Date/time Symbol Qty Price Position
2016-08-12 00:00:00 GNUS 217 $11.380 217
2017-01-30 00:00:00 GNUS 783 $4.830 1000
2017-12-12 00:00:00 GNUS 650 $2.630 1650
2018-04-09 00:00:00 GNUS -650 $2.850 1000
2020-05-06 00:00:00 GNUS -217 $6.430 783
2020-05-07 00:00:00 GNUS 5000 $0.7891 5783
2020-06-05 00:00:00 GNUS -5000 $6.430 783
2020-06-05 00:00:00 GNUS -783 $6.430 0
2020-06-11 00:00:00 GNUS 2000 $3.440 2000
2020-06-12 00:00:00 GNUS -2000 $4.040 0
2020-06-12 00:00:00 GNUS 3000 $4.070 3000
2020-06-15 00:00:00 GNUS -3000 $4.700 0


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