$LC - Loss? Cut! (Last Chance?)
Lepanto Consolidated Mining Company
Not so $LC to profit here!
Total Losses: -0.0039%
A month-long journey to break-even!
(Click to enlarge)
Ledger
Logs | Plays | Positions | %P/L |
---|---|---|---|
1) | Borg, MP | 1.06M@0.270, 05/02/2016 | -0.071%@0.255, 06/06/2016 |
2) | PCA | 390K@0.238, 05/05/2016 | 0.055%@0.255, 06/06/2016 |
1) Momentum Play (MP)
I thought this one was a "Borg" or a "Momentum" play due to the "GAP-UP" pattern spotted between its prior week's closing price of 0.250 (04/29/2016) and its following Monday's open price of 0.260 (05/02/2016). As a learner these are some of the plays I'm so keen to try out so got in at 0.270 with a bit of volume.
Boom!
Boom!
2) PCA Play
Peso-Cost Averaging
Then quickly suffered a -4% loss on its day 1 (0.260c) - ILCI what?
Tumbled some more to -9% losses on day 2 (0.246c) - iLCi who?
And "ipit" further down to -12% losses on day 3 (0.238c) - told 'ya! 'tis not so LC!
Oh wait! you mean, Last Chance?
PCA at 0.238.
Tumbled some more to -9% losses on day 2 (0.246c) - iLCi who?
And "ipit" further down to -12% losses on day 3 (0.238c) - told 'ya! 'tis not so LC!
Oh wait! you mean, Last Chance?
PCA at 0.238.
Ka-Boom!
Realisation
|
Indeed!
Disclaimer: All information and insights posted here are based on Puhunan's learning experience as a newly converted TRADER with real stocks open and/or closed positions. This is not a paid PR-work for any personalities or articles linked here as references for the subject. Also this is not a recommendation or to hype any similar stocks but simply a trading journal for purposes of having the ability to access and review it online anywhere anytime. Puhunan takes no responsibilities to any losses you may incur by blindly following or copying any positions, strategies and/or practices you may find useful here. |
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