Sunday, July 22, 2012

OpenTable (OPEN)

BUY signal the week of 1.30.12 at $52.00. My first stop was $35.77, so my risk (R)/share was $16.23. Stopped out the week of 4.30.12 at $36.50. The percentage loss on this trade was -29.8%, and the reward-to-risk ratio was -$15.50/$23.63 = -0.95.

So far it's one good trade (+155.3%) and one bad trade (-29.8%). I am kind of curious to see how the next trade turns out, but it looks like we'll have to wait a while. As it stands right now, with the stock trading at $37.89, my next buy signal is $48.12.

History (beginning in 2009):
Winning Trades: 1 | 50.0% | +$48.30/share avg.
Losing Trades: 1 | 50.0% | -$15.50/share avg.
Average Trade: +62.7% | +$16.40/share | Reward-to-Risk (R): +2.78

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