Tuesday, December 2, 2014

Closed AVNR

My swing trade in AVNR comes to an early end as I awake to the news that it got bought out this morning at $17.  I even got to sell it higher than 17 -- trading can be so grand when things work out like that.

Entry: $14.39
Exit 1: 14.74 (risk management, size reduction)
Exit 2: $17.07  (+18.5%)  +1.5R

Given the market conditions I didn't have big size on this trade so it goes down as just a regular extra base hit.  No complaints and am I disappointed I reduced my position size yesterday.   Gift horse meet mouth.

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