What Happened There?

May 9th, 2007

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Priceline had some good news about Expedia shares going down. But then it’s earning’s itself weren’t so solid.
Priceline trade image
I did sell some and rebuy yesterday so loss wasn’t as bad.

Marvel company stock
Then Marvel had great earnings and that drove the stock up but afterwards in the day it bumped back down as you can see above.

Again I didn’t follow my disciplined strategy of setting a target price and a price that will limit my loss’. Not that I like excuses but I do have some. First I can only set in orders with a day expiry, and secondly if I do want to set in the trade early next day then I have to wake up at 6:00AM because thats when the stock market opens up if your in Pacific time zone.

Entry Filed under: Trades

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