-$2,322 Loss
GENEShort Stock
Entry comments: Shorting on failed attempt go green on the day, goal is to cover later today or tomorrow into taking out the day low of 8.70, ideally mid $8s
Exit comments: Covered the rest for small losses, small losses suck but they protect my account as a whole, when wrong gotta suck it up
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:Secret Broker
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Position Updates
- Feb 18, 15 2:31 PM: Shorted 3000 at 9.30 - Shorting on failed attempt go green on the day, goal is to cover later today or tomorrow into taking out the day low of 8.70, ideally mid $8s
- Feb 18, 15 2:47 PM: Added 1000 at 9.74 - Got my average up, not sure if there'll be shares to short tomorrow, goal is to cover into morning panic in the $8s or even $7s
- Feb 18, 15 3:57 PM: Covered 2500 at 10.00 - Covered 2/3 my position for roughly $1500 loss, should woulda cut losses quickly, let this one get away from me, can't risk big spike tomorrow, holding some shares short just in case there's no shares to tomorrow or this is a fakeout and tomorrow is crash day...always good to cut positions down in size when you're unsure, still +$1500 today, protect gains
- Feb 19, 15 7:43 AM: Added 2500 at 9.01 - Added to my short on the premarket fade, shares getting tougher to borrow, once it cracks support at 8.80ish this could do a panic down to the $7s, my high net worth broker has shares to short IB has been having shares to short the past 2 days, on and off though, its weird
- Feb 19, 15 8:37 AM: Added 2000 at 9.05 - Going big since once this takes out $8.80ish this could panic $1-2/share today
- Feb 19, 15 8:57 AM: Covered 3000 at 9.25 - Cutting losses on some of my position, no big morning crack like I wanted, gotta protect given my small account size
- Feb 19, 15 9:02 AM: Covered 3000 at 9.39 - Covered the rest for small losses, small losses suck but they protect my account as a whole, when wrong gotta suck it up
| Date | Price | |
|---|---|---|
| Entry | 2/18/2015 | 9.2076 |
| Exit | 2/19/2015 | 9.52 |
- Total Views1,289
- Position Size8,500
- Percentage-3.39%
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