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[TimAlerts] $SCON b/o failed :D
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[TimAlerts] $FNMA still stuck at 3.25ish
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[TimAlerts] $SCON testing $3
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[TimAlerts] $SCON now getting back to 2.90ish
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[TimAlerts] $RLOG bad long term chart
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[TimAlerts] $SCON dropped too much, good for dip buy
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[TimAlerts] $GLUU i like the after market and pre market looking strong only need volume... if im correct?
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[TimAlerts] Should I sell $SCON now? in @ 2.50
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[TimAlerts] $SCON in @ 2.50 o/n thanks guys for the day :)
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Thank you Bob! Appreciate your response. How much is the overnight fee for short selling? I can't fully understand their overnight fees.
each stock is different. Take the percentage they charge for an overnight fee and divide by 365 and that will give the cost to borrow per day. For example say you had an $1,000 trade over night and the borrow fee was 10%. 10% of $10,000 is $1000 divided by 365 = $2.74 per day you hold it short.
sorry I meant $10,000 trade
Thank you very much Bob! I admire your work and success. Hope that you had more success in the future.
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