New Position: Financial Break

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ACIA stopped

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Adding / Raising Stop

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SEV Partial Stop – Updated Full Stop

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SEV has been a good winner but unfortunately is now falling under pressure today trading back towards my basis. The stock is deathly thin and my position is quite small so I’m reluctant to just hit the sell all button. I have gone ahead and sold half of my remaining shares and will evaluate the other half by day end.

See previous alerts HERE. 

35 – $12.49

Updated: 3:45pm

I went ahead and sold the remaining balance of SEV shares. The stock bounced pretty good after hitting  a low of 11.27 and the trade was executed at $12.45. My adjusted basis on  the sale of the stock is $12.47. My initial purchase, and raised stop level was $12.35 so I managed to get out of this name without slippage. Sometimes luck helps out for sure.

35 – $12.45

 

 

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