Reason Enough To Have A Sell Discipline

On 7 November 2014 Zacks upgraded DNDN to outperform with a $1.00 price target. The stock closed at $.94 up $.14 from it’s $.80 open.

Today the company filed for Chapter 11 bankruptcy. The stock closed at $.18, down 80.85%.

simple trading

 

Simple Traders would have had no interest in this stock as far back as 2011.

simple trading

 

The trader’s point?

Develop and adhere to a sell discipline. Your account will be much better for it.

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