16th June 2011–I am back

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
27.60				25.85

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Weekly chart shows that it has come to its IPO price.

 

Lesson Learnt:

 

1. Looks like I am a bit too early in my entry. I should have waited maybe till Friday for this entry.
2. It had dropped back 100% in just 2 months. I did not expect it to be so weak.

 

Intraday Chart

Historical Chart