OUCH.... What a horrible week of trading. Last week was apparently the worst opening week of any year in the DOWs history. With the Chinese market halting trades twice during the week, the political instability in the Middle East, and Oil commodities and stocks tanking like no tomorrow, it's no wonder why I was getting killed out there!
Despite a very strong Monday, I finished the week with a loss of $-611.72, AND an unrealized LOSS currently at $-8307 due to the 10,000 shares of SUNE stock that I am still holding on to. The rollercoaster of a stock SUNE, dropped a staggering 40% at one point on Thursday, and all I did was keep buying as the price edged lower and lower. I'm currently averaged in at $4.21/share, and am hoping to see it at least go back to $5/share soon. In fact at these prices I am also making that my stock pick of the week. Buy it tomorrow morning if possible between $3.00-$3.50/share and sell out at $5+
Go SUNE Go, and make my money back!