Tuesday, February 28, 2017

28 Feb 2017 - Avalanche never give signal ahead!

    Buy $

    Sell $

    Short $

    Cover $

    Stop Loss $

    Profit / Losses

    Duration

     

    $5.58

     

     

     

    25%

    119 days

     

    tempReason for Buy / Sell / Short / Cover:

     

    1. Stop loss triggered! Some stupid bad news came out.

     

    Lesson Learnt:

     

    1. Thank God my stop loss was in a good place, just before the avalanche!!!
    2. I should have set my stop loss much higher, big portion of profit gone by the wind!

     

    Intraday Chart

    01:28 PM EST, 02/22/2017 (MT Newswires) -- Cemtrex (CETX) plunges 37% in heavy volume after a Seeking Alpha contributor said "the extensive use of the word "fraud" is entirely appropriate."

    He said it's highly likely Cemtrex will face delisting and go to effectively zero.

    Seeking Alpha also noted that on Monday, the company's banker Source Capital had its SEC and FINRA registrations terminated on Monday following multiple violations.

    Price: 3.23, Change: -1.89, Percent Change: -36.91

     

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    Historical Chart

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