Closing Trade ($TRIP, $P)

By: ispeculatornew
Date posted: 05.08.2015 (4:23 am) | Write a Comment  (0 Comments)

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Today I am closing another trade, the Feb 17th trade where I went long TripAdvisor (TRIP) and short Pandora (P). I very strongly continue to believe in this trade in the long term but I do not do these trades over the long term so for now, I’m stopped out in what has been a very bad streak. The long & short portfolio is now down 10% this year unfortunately with the 40% of this trade. Hopfully things turn around so I can avoid a negative performance this year. It’s still very early obviously.

ycharts_chart

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