-$874 Loss
KIRIShort Stock
Entry comments: Reshorted bigger this time using Interactive Brokers which has share to short, stock failing to hold green today, volume fading big time, potential big drop to the 4s, goal is to make 50-75 cents/share on my short today or Monday
Exit comments: Covered my remaining position for solid gains, this is what I wanted Friday but my timing was off, PTRA down another 15% too,so I played that one too safely, it's been a while for me shorting these pumps, I'm rusty but still profitable!
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Position Updates
- Oct 16, 15 12:46 PM: Shorted 7000 at 5.07 - Reshorted bigger this time using Interactive Brokers which has share to short, stock failing to hold green today, volume fading big time, potential big drop to the 4s, goal is to make 50-75 cents/share on my short today or Monday
- Oct 16, 15 2:45 PM: Covered 5000 at 5.27 - Reducing my position just in case of big Friday short squeeze, gotta play safe, still holding some though since IB borrows are rare
- Oct 19, 15 9:36 AM: Covered 2000 at 4.69 - Covered my remaining position for solid gains, this is what I wanted Friday but my timing was off, PTRA down another 15% too,so I played that one too safely, it's been a while for me shorting these pumps, I'm rusty but still profitable!
| Date | Price | |
|---|---|---|
| Entry | 10/16/2015 | 5.07 |
| Exit | 10/19/2015 | 5.1043 |
- Total Views853
- Position Size7,000
- Percentage-0.68%
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