timothysykes

$1,850 profit BIOF Short Stock

Entry comments: Shorted on the intraday drop/support crack, they're not in the ethanol business anymore like PEIX, they sold it late 2013, so this entire runup is on misinformation, goal is to make 20-40 cents/share

Exit comments: Other newsletters/chatrooms now shorting piggybacking my alert, I don't like crowded trades, that opens up the door to short squeezes, taking small profits and will look to re-enter, ideally after big spike

Received 1 Karma
LaywerByTrade
LaywerByTrade Feb 27, 14 10:15 PM

tim what do you think about this long? Its gone up 83% in the last day!

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timothysykes

-$680 loss HEMP Short Stock

Entry comments: Going for the big crack again, if it can take out big bidder at .29 its a goner and my goal will be to make several cents per share, IB has tons of shares available to short

Exit comments: Screwed up posting this trade, didn't add to my position at .2803, thats where I covered most, just covered the rest at .30ish, made a little $ overall, still gotta figure it all out, sorry for confusion, all just a penny or two so I was wrong on the big breakdown, but I'd NEVER take a 700,000 position short on such a dangerous stock

Received 2 Karmas
LaywerByTrade
LaywerByTrade Feb 05, 14 4:41 PM

Tim, I bought 20,000 shares at $0.11! And accidentally sold them the same day :(

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