I got killed quickly on this trade. Was a fake APS hard-mailer pump. Bought in anticipation of morning gap-up/spike. It went up a whole couple pennies and then plunged quickly down. There was no chance to cut losses quickly. I was unable to get filled until it had dropped over 20 cents! That was another mistake...selling at just about the low of the day. I should've waited for the bounce where I could've sold it for much less of a loss when it went back up to 50 cents.

Saw FNMA gapped up pre-market. I jumped in during the 1st few minutes after the open after seeing huge sized bids! Sold after it topped out about 20 min later.

The run of the day. Got in a little late but I nailed the top within a couple cents and more than made up for my recent BMIX loss!!

Entry comments: Remaining 5k shares of the 10k I had of this Tobin Smith hard-mailer promotion which dipped fast not long after I bought it.

Exit comments: I've had enough of this stock so I am taking my loss and am moving on.

My daily XUII trade! :-)

Entry comments: New hard-mailer pump by Tobin Smith (who just did WSGP which did very well once the ad hit mailboxes) with reports of ads hitting mailboxes a couple days ago. .795 is the avg of two buys. The first buy was actually he day before.

Exit comments: Sold half of the 10k shares I had to reduce my exposure in case in drops back down the the low .60s or even lower again.

Entry comments: XUII held up quite well despite George Sharp's lawsuit PR he put out before the open. After a brief morning dip today (which shook me out for an ok profit) it spiked up and got up to .416. When it dipped back down to .40 and held support there I picked up some shares.

Exit comments: Had to go out and couldn't watch so I sold. Good thing as it dropped a fair amount afterwards.

Jumped back in with a smaller position after it dipped down from $7.20. It tried but couldn't get back up so after it made a few attempts I sold for a small 10 cent/share gain.

Seeking Alpha pump. Early shorters (incl Tim) were getting squeezed so I jumped in and rode it to close to the top for a nice quick gain.

Entry comments: Holding up with nice sized bids. Also a 1M bid just under .36 giving people some confidence even though its probably just APS wash $. Good chance for a gap-up on Monday.

Exit comments: Uh oh, Sharp just issued another PR regarding his lawsuit. Most likely going to have to get out of this trade ASAP tomorrow. Got out just in time at the open before it headed down.