Closing Trade (TZOO, DMD)

By: ispeculatornew
Date posted: 08.18.2011 (3:55 am) | Write a Comment  (0 Comments)

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It has certainly been an amazing year so far and while our annualized return still stands strong at +138%, this latest trade was not a success. The trade had almost been closed recently but an intra day rebound by Demand Media had helped it escape its stop loss point. Yesterday’s 10% decline in Travelzoo proved too much though and the trade will be closed this morning, it currently stands at -27%!

 

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