I am exiting my WPX Energy Inc. (WPX) short-term swing trade.
Buy price $5.97
Sell Price $5.46
Total Profit – $0.51 per share or – 8.54%
Between Oil crashing yet again, (really?) and China crashing – just really bad timing, right? Not a good way to start the year. However, the track recorded stands and we are off to the races. This big of a loss is rare, but it can and does happen from time to time.
The nice thing about this . . . MEET is doing just fine for us. Be patient!