Wednesday, February 2, 2011

Trade - Hershey Vday Trade closed

The speculative trade in Hershey for v-day went wrong from the beginning. I guess the "cocco crisis" was more powerful than v-day. The stock bounced positively on earnings today.
So maybe I was not "wrong" just "early" on the purchase.....lol

Anyway, I used the earning bounce as an opportunity to cut loses and close out the trade at $48.49. This speculative trade lost just under 1%. Fortunately this was only a one lot position .

Still... it makes me depressed enough to eat some chocolate!

No comments:

Post a Comment