Sunday, May 02, 2021

A disappointing drop in price for Nano Dimension

 I hold 4,000 shares of Nano Dimension (NNDM) at $7.58 USD.

The stock opened on 25 April at $9.00, up 10% over the previous close. I gave an order to sell the stock at $9.20. I thought that it could easily reach this price based on the strong momentum.
I was unlucky. It did not hit my target price.
The stock had since dropped to $7.34. The drop of $1.66 (difference between $9.00 and $7.34) amount to $6,640 on my 4,000 shares.
I will hold the shares and wait for it to reach $9.00 again.

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