-$660 Loss
CLNOShort Stock
Entry comments: Trying to build up a position for the inevitable crash. Will keep adding as I can.
Exit comments: Got a nasty surprise yesterday from IB - 5-1 split on CLNOD caused my margin to go into deficit and got a forced buy in when the stock was up over 300% !!! Luckily I was only short 5k shares when some very dumb people started buying it at the price the stock was at the day before the split. Argh, lesson learned on holding a short position going into a split with a small margin account. Tim, not sure if you have a lesson on that - I would not hope that on anyone. Unless you're Long.
Newsletters:Pennystocking Silver
Broker:Interactive Brokers
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| Date | Price | |
|---|---|---|
| Entry | 7/17/2013 | 0.038 |
| Exit | 7/30/2013 | 0.17 |
- Total Views165
- Position Size5,000
- Percentage-347.37%
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