Just starting. My Goal is to be better and learn much more
Entry comments: Resorted using my high net worth broker on new Forbes expose of this MLM http://onforb.es/1GaCkO7 & the failed afternoon bounce, this is a CLASSIC if somewhat less liquid http://tim.ly/sykestrades pattern, remember this pump is up from $2/share a few days ago and is still an $8 BILLION market cap, all I want is a crack of the day low and to cover in the $4s or $5s today or tomorrow
Exit comments: No morning panic as expected, glad I took partial profits at lower prices yesterday...still made roughly $1/share from short yesterday so not too bad
Entry comments: Shorted a small position on 1st sign of weakness, this stock should crash 30-50% the next few days, classic http://tim.ly/sykestrades patterns
Exit comments: It'll likely tank more today but it's putting up a fight and could still come back...normally I'd give it more time on such a small position, but I'm gonna be at the NYSE most of the day today so I won't be able to watch this as closely as I'd need to, definite potential resort if it can stay red on the day, today might be the beginning of the end, solid profit for me on small position though
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
