Closing Trade (PCLN, DMD)

By: ispeculatornew
Date posted: 05.10.2012 (4:30 am) | Write a Comment  (0 Comments)

      Post a Comment

Wow! Today was a brutal day for several of my trades… after  a good start, the annualized return now stands at 10%… not terrible but far from what I had just a few weeks ago. Being short Demand Media ($DMD) against Priceline ($PCLN) is a big reason why, I will be closing this trade on today’s opening! It currently stands at -25%!

If you liked this post, you can consider subscribing to our free newsletters here


No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.