How Microsoft ruined my first short term pick!

How Microsoft ruined my first short term pick!

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Based on research done yesterday I had placed a market order for Linked In at around $132. See analysis posted on 12th of June: http://www.financegirltoronto.com/2016/06/what-stocks-to-pick-for-trading-for-the-week-of-6122016/

When you are doing short term trading market news is very critical. As such I was checking around 9 am on Monday June 13th the pre market price for linked in and realized Microsoft has announced purchase of linked in at $195 per share! The pre market price was $195 !

I was a bit bummed, if only Microsoft had waited one more day to announce!  A wise person told me , this meant your instincts and analysis was in the correct direction .  I guess all I have to take away today is the feeling you get from being right about something 🙂 !  Few thousand dollars in profit would still have been better , but what can you do !

One thought on “How Microsoft ruined my first short term pick!

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