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Re: power_forward post# 262

Monday, 11/14/2016 2:08:36 PM

Monday, November 14, 2016 2:08:36 PM

Post# of 276
$DVAX $4.34 CRL - unfortunately I didn't exit before this pre market announcement. I decided to do a bit of a risky move on the back of what seemed to be a market over-reaction. I doubled down and bought more shares at the market open ($3.30)and sold again using a trailing stop as it regained come ground in early trading. A eager attempt to recover some of my losses before exiting this play.

When the smoke cleared, I locked in a loss of -45% (-$7939.44). It hurt for sure, but these things happen when you trade in biotech and I'm happy with my reaction to the news despite locking in a loss.

Moving on...

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