Collective 2: IT out

Still fishing for a bottom using tight stops on oversold stocks. Gartner Inc, (IT), announced the price for its secondary offering at $14.75. This news, unfortunately, reversed the gains from yesterday and pushed prices below support of the gap (where my raised stop was). The play closed for a small loss of -$195 on a 750 share lot (-1.8%). I have replaced this stock in the portfolio with another. My one other position is up +$1,179 since its addition on May 17th.



Popular posts from this blog

Round 2 for the bearish "black" candlestick in S&P and Nasdaq

Friday's gap downs bring indices close to support. Semiconductor Index at 200-day MA.

Being "Right" but still losing...

Archive

Show more