Caught a bit of a small bounce on KERX today when I went long this morning 1000 shares at 6.71, and placed stop at 6.49. My risk to reward ratio was horrible on this trade, but I had a strong feeling it wasn't going to turn down today because of the overall market rally. Finally, sold it about 10 minutes before the market closed at 7.20 for a .49 point gain.
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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