timothysykes

$2,309 profit PGFY Short Stock

Entry comments: Shorted some over night, might spike a bit more but I think this tanks hard and it might crash too fast for me to short big tomorrow, this late day fade does not bode well for it, risky but this could tank 30-50% quickly tomorrow

Exit comments: Took the solid overnight profits just in case of a bounce given this low volume premarket dropping & that its down from 1.70...PERFECT overnight trade, I really didn't even expect a big drop, I mostly shorted overnight just in case there were no shares to short today but shorting fading price action in paid pumps, no matter how early in the pump it is, is a high odds of success strategy....wish more brokers other than my high net worth broker had shares to short

Received 2 Karmas
window52
window52 May 05, 14 8:29 PM

Dude, if you really watched the videos, you'd know the answer to your own question. Just sayin'

1fishtop
1fishtop May 05, 14 9:29 PM

@timothysykes Thanks I am just starting and I do like all of the alerts and follow up But I do learn quick TY SAM

cesarin159
cesarin159 May 05, 14 10:43 PM

Tim, what do you think about ECYT, 5.59% rise, closed at 6.99 a share. Seeking Alpha seems to be sure they will rise to 9-10$ a share. Just wanted to pet you know! Will do my own research as well.!

Rufus91
Rufus91 May 06, 14 9:25 AM

You nailed it Tim!

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