$220 Profit
REXXShort Stock

Perfect trade right off @timothysykes shortstocking DVD and my watch list the past 2 nights. This gapped up and spiked to $1.31 in the morning but was showing a lot of weakness. I shorted at $1.30 (risking $0.10) and waited all day for this to crack $1.10. It did get to $1.06 but I felt like we may get some people covering (like myself) into the close and we could see a little squeeze so I took my profits. I still see a lot of downside here.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 4/13/2016 | 1.30 |
| Exit | 4/13/2016 | 1.08 |
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