-$200 Loss
SAKLLong Stock

I noticed a lot of pumper emails were being sent to me about this stock and for some reason I had thought this was the first day it was being pumped so I got in at the market open while it was spiking. Of course I bought it at the high of day and found myself in a very slow and illiquid stock. The volume was higher then normal but still very scary to be in. It soon hit my risk mark so I cut my losses. Reflecting on the trade, emails had been sent days before I got in and was a bad pump to start.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 8/10/2016 | 0.082 |
| Exit | 8/10/2016 | 0.076 |
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- Position Size30,000
- Percentage-7.32%
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