Last week, Vegastrader2011 brought to my attention Dryships, Inc., a bulk shipping company out of Greece. I looked at their chart and saw that the stock was in an upward trend and most of my indicators on the Daily chart were indicating a move up. So, I purchased 1000s at 3.55. I thought it was going to take a few weeks to reach my exit point of 4.00 but, it only took a week! Thanks, Vegastrader2011!
I want to stress that if you’re ever given a stock tip please make sure you DO YOUR RESEARCH first! Don’t ever go into a trade blind.
Here’s a look at how I did:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
My charts for this trade: