Re: Rod's Account Talk
Originally Posted by
Rod
Got my orders in for the BEKE IPO (priced @ 20.00) which will begin trading today. LORD willing, it'll be another quick-turn profit. I'll let you know how it goes.
God Bless
It opened up well above its IPO price. It opened @ 35.06 But, it did not work out for me. I hit my threshold of a 10% loss. I was in for 425 shares @ 35.58 and sold @ 32.11. I did not want to hold it longer to see if it recovers. Especially with an IPO price of 20.00. One thing about day trading is that you will not win them all. Just make sure that you have a tradeplan, especially your exit target in case things go south. Even if it closes today near to or above my buy in, I'll take solace in knowing that I executed my tradeplan. One that is not based upon "hopes" or "maybes." BTW, it is now trading @ 33.34.
God Bless
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
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