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Re: $heff post# 95153

Monday, 10/10/2016 11:13:35 AM

Monday, October 10, 2016 11:13:35 AM

Post# of 97237
New Economy Portfolio Update..exited position today.

Alert..exited $EGLT at $8.00 (10% Full Position) from $8.80 entry for a 10% loss. PDUFA still 10/14. Portfolio actually went much higher because I have been so red in this position for so long. Had an order at $8 so glad it executed. Whether positive or negative, I had not planned on holding this one thru its catalyst. I was way to early on this trade here from the onset. Had I to do it again I would have cut losses the first time it fell below $8 sticking with my 10% loss rule. I don't always follow that rule but try to most of the time.

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