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NAVBLong Stock

Entry comments: Bought this premarket after seeing that it was up 30% and on news that the company will receive $80mm plus $20mm a year guaranteed. Briefly reviewed financial statements from 2013-2016. Saw that this sum was more than 4x the annual earnings year after year and that it was more than enough to cover their existing debt. I should have waited and bought on the dip today but I got excited. Rookie mistake. Still see this going up though. Company now has capital and guaranteed income.
Broker:Robinhood
| Date | Price | |
|---|---|---|
| Entry | 11/24/2016 | 1.13 |
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