Wednesday, November 10, 2010

Sold 1000 OCLR at $9.33 (Profit $89.88)

So OCLR hit $10 and found some LARGE resistance to say the least on Nov 9, 2010.

The stock was sold off all day and I was not watching the trade. Luckily I put in a Stop Loss order on November 4th, 2010 at $9.34. My stop was triggered and I sold 1,000 shares at market getting $9.33. You would think my net profit on the trade should be $90. But it is only $89.88 do to some additional fees. OCLR closed at $9.28. We are now flat this position.

(Click charts to enlarge)




 
 
 
 
 
 
 
 
 
 
 
 

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