timothysykes

$428 profit VOIL Short Stock

Entry comments: Shorting this late day panic on this blatant pump, it's up from the low 1s on this latest bounce, not much risk shorting on such a big spike caused by manipulative mailers, probable http://tim.ly/sykestrades panic coming tomorrow or next week, my high net worth broker has shares to short

Exit comments: I know I'll regret covering this, but possible buy ins, busy day for me tomorrow and just being impatient makes me take small profits

Received 4 Karmas
matt3209
matt3209 Oct 23, 14 8:40 PM

I wish ST had some shares

timothysykes
timothysykes Oct 27, 14 4:18 PM

@N786 ha not much after borrow fees, and of course the stocks crack perfectly into the market close, primed for a big tank tomorrow aye aye aye

NS786
NS786 Oct 27, 14 5:58 PM

Tim, at least I am learning from this, is to cut loses and move on if you do not have time to watch the next day, etc! --- Therefore, great!

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matt3209

@timothysykes Are there any good brokers for shorting with no minimum deposit? I tried sure trader but it wouldn't let me open an account.

rskram
rskram Oct 20, 14 10:18 AM

He also said that TD Ameritrade was a good broker for that.

nickmiladinov
nickmiladinov Oct 20, 14 10:23 AM

why wouldn't suretrader let you open an account?

matt3209
matt3209 Oct 20, 14 10:26 AM

it wouldnt let me do the electronic signature

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matt3209

@timothysykes What do you think about holding $IBIO over the weekend?

jmtdallastx
jmtdallastx Oct 17, 14 10:05 PM

Nope! The phrase "open to assisting the gov't" press release in their website was not enough to convince me. I was waiting to short it when it spiked at the 2:30PM mark and didn't understand what was causing it. I scrambled to look for more news but didn't find any. I actually thought investors are speculating that it will continue to rise but provide an opportunity to short later. Can't wait for Monday to come!

matt3209
matt3209 Oct 17, 14 10:11 PM

Thanks!! I guess I will cut my losses at $3.06

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