$106 Profit
WATTShort Stock
Kurdman

T22: TIM ALERT (Copycat trade) BAD NEWS REVIEW - SA article ENTRY: Tim alert on the bad SA article causing panic among shareholders. EXIT: Exited on the first pullback on the downward move. (Could have stayed in - price went to $10.80, but never chase profits, take a reasonable return)

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DatePrice
Entry7/30/201412.0167
Exit7/30/201411.6066
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Kurdman
KurdmanAug 02, 14 7:50 AM

GOOD EXAMPLE OF SHAREHOLDER PANIC: Reviewing Tim's trade the panic is clear - the initial impulse saw shareholders offloading causing the price fell from mid $13 to the $13 mark which then and bounced right! The rebound did not hold and the price plummeted to the $12 mark where is based. The narrowing triangle eventually breaks at which point the Tim Alert is issued.

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