Short on CEO fraud charge. Tough fills. Actually traded it perfectly. Hope more to come in following weeks. But shorting under $1 doesn't leave huge potential
Entry comments: Looked like I had missed the recovery on this ticker but put up a fantasy entry in the pre and caught a fill on a flash dip when someone unloaded a bunch of shares it looks like. Original chart called for picking some up in 2.80s if trend cracked, so will work with this. Stop at 2.80, want to see return to mid 3s or higher. Need stable market to do so.
entry: 8.14 - 9ish am - shorted after morning spike and halt with comeback. 3:54pm - added another 400 on eod spike to hold o/n. exit: 8.18 - 3:48pm - covered eod day after slow moving no volume stock. Still a profit but too little volume. Stick with higher volume.
IB trades - week of August 17, 2015
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