My first experience with the bad end of a pump and I didn't even know what a pump was then

tough loss.

Entry comments: Woooohoooo! Interactive Brokers found me shares to short of this blatant pump, kinda sad theres so few shares, but small position give me the strength to have patience so my goal is to make 30-50% on this VERY small investment

Exit comments: No big panic like I wanted, promoters trying to old it up, guess I should've covered at .41 yesterday, but such a small position, doesn't really matter either way, I'll look to reshort a bigger position later

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The strategy was hold long for a few days for the pump through a dollar but I later read the fine print of my email blast and it was mentioned that the pumpers were paid only 50k. A number like that and I figure this couldn't last much longer.That and the fact that Sykes entered a short position. I knew it was time to leave.

Here is my entry/exit recap on trades for today (5/05)

1

This was a combined trade. Bought the day after a Huge run up on a Promotional Pump. Should have been more patient and bought around .38-.39 But waited a few days while Pump was still going on and Sold with a .11 Profit.

First trade ever.

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