Chrisman879Jan 15, 14 5:11 PM
Lol im glad I read this. I was going to dip buy.
-$9,786 Loss
CNTOShort Stock
Entry comments: Reshorted for probable fade into the market close and ideally finishing at or taking out the day lows for bigtime panic tomorrow...gotta love when pumps put up a fight after a huge down day, all dip buyers will likely get crushed tomorrow
Exit comments: Got a bit greedy with all my recent success, but I don't regret pushing it...cutting losses quickly since I'm wrong here, might tank later, but price action is eerily similar to the day it bottomed in the $1.30s and it kept rising from there...just no morning panic like that day :(
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Position Updates
- Jan 15, 14 2:16 PM: Shorted 35000 at 1.99 - Reshorted for probable fade into the market close and ideally finishing at or taking out the day lows for bigtime panic tomorrow...gotta love when pumps put up a fight after a huge down day, all dip buyers will likely get crushed tomorrow
- Jan 15, 14 2:54 PM: Added 15000 at 2.02
- Jan 15, 14 2:59 PM: Added 6900 at 2.03
- Jan 16, 14 8:47 AM: Covered 56900 at 2.168 - Got a bit greedy with all my recent success, but I don't regret pushing it...cutting losses quickly since I'm wrong here, might tank later, but price action is eerily similar to the day it bottomed in the $1.30s and it kept rising from there...just no morning panic like that day :(
Related Posts
| Date | Price | |
|---|---|---|
| Entry | 1/14/2014 | 2.0028 |
| Exit | 1/15/2014 | 2.168 |
- Total Views2,812
- Position Size56,900
- Percentage-8.25%
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freshprinceJan 16, 14 8:27 PM
Tim which broker did you use to trade CNTO and VEND yesterday and today? None of my brokers had any including Suretrader
timothysykesJan 17, 14 4:39 AM
Consider yourself lucky if your broker didn't have any to short, read my list of preferred brokers http://tim.ly/shortbrokers
