Closing Trade (PCLN, DMD) « Intelligent Speculator

Closing Trade (PCLN, DMD)

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

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%!

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This entry was posted on Thursday, May 10th, 2012 at 4:30 am and is filed under Free Stock Picks. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.