Market Curiosity: Exploring Markets And Systems

October 3, 2012

ANIK – buy stop about 15.32 -11% (update 1)

Filed under: -05 to -24%, Long Stock — Tags: — Jeff Fitzmyers @ 9:18 pm

Stop loss is about 13.65. I’m using a wide stop loss initially, but will likely tighten it up quickly and take profits too soon.

+ From IBD’s 85-85 list.
+ Low float of 10.7 million.
+ Insiders own 18%.

Update 1 October 21: Stopped out. -11%. The experiment with wide stops is officially over 🙂

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