Tuesday, January 15, 2013

Trade of the day, ZPPB!!!

This was one of my most riskiest trade I've done so far this year. The risk to reward was pretty much just 1:1. I could have lost hundreds of dollars in less than a minute after I went long with this penny stock. Went long 10,000 shares on ZPPB at .25, and sold half (5000) after it hit my profit target of .30 for a $250 profit so far. I want to see if it could go any higher, so holding the other half (5000) overnight to try catch that gap up in the morning.
If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

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