Trade 6 of 73: IN with $1,611

Trade: 6 of 73
IN with: $1,611
Date: March 8, 2016
Company: Electronic Cigarettes International (ECIG)
Number of shares: 4850
Purchase price: $0.33
Will sell at: $0.37
Current goal: $1,772

ECIG is a penny stock, which makes this a slightly riskier trade. A year ago, you couldn’t trade this stock without a box of Zoloft by your side. However, ever since their new management decided to focus on improving the business, the stock’s price has stabilized and seems to have found its bottom at the $0.20 level.

In the last few weeks, ECIG started an upward trend. With the recent positive PR and their financials due later this month, I am betting that this can be a fairly quick trade.

Tim H.