Mean Reversion Trade NewLead for Quick Profit
Mean Reversion Trade NewLead for Quick Profit
Picked:
July 8, 2011 11:28:12 AM PDT
NewLead Holdings Ltd. (NasdaqGS: NEWL) - Open
| Symbol |
Position |
Allocation |
Picked |
Current Price |
| NEWL |
Long |
1% |
$2.3100 |
$1.6400 |
-29.00% |
| Opened |
July 8, 2011 11:28:12 AM PDT |
| Closed |
- |
| Risk |
Low |
| Target Date |
- |
| Target Price |
$2.4000 |
| Timeframe |
Short-Term |
| Suggested Stop Loss |
- |
| Holding |
No Position |
| Disclosure |
- |
NewLead should bounce back for quick profit. Just bought new ships so someone liked company enough to lend it money.
