timothysykes

Entry comments: I'm shorting this blatant pump at my high net worth broker that has shares to short given these midday sellers at 1.56-1.57, yesterday it had a big midd-day dip but recovered, the more times it tries, it could finally be the end given the http://tim.ly/sykestrades pattern & yesterday's expose http://tim.ly/1GeYtyp recent pump PGSY failed int he same area, goal is to make 15-30% int he next 1-2 days

Exit comments: Got a little gap down/panic but big buyers on the bid mean the promoter might still be supporting this so I play it safe and take the meat of the move even if I'm early, I'm taking nearly 25% gains, more than the midpoint of my initial goal, solid trade!

540

Position Updates

  • Oct 15, 15 11:28 AM: Shorted 10000 at 1.548 - I'm shorting this blatant pump at my high net worth broker that has shares to short given these midday sellers at 1.56-1.57, yesterday it had a big midd-day dip but recovered, the more times it tries, it could finally be the end given the http://tim.ly/sykestrades pattern & yesterday's expose http://tim.ly/1GeYtyp recent pump PGSY failed int he same area, goal is to make 15-30% int he next 1-2 days
  • Oct 15, 15 2:11 PM: Covered 6000 at 1.45 - Took some partial profits as its failing to stay red on the day, still 2 hours left of trading today, we'll see what promoters want to do, good to play it safe just in case
  • Oct 15, 15 3:20 PM: Added 9800 at 1.42 - Shorted more on its failure to go green/someone else took out a 70,000 buy block of some promoter trying to support this, all signs point to a http://tim.ly/sykestrades panic tomorrow morning, ideally below $1/share, god I LOVe shorting pumps!
  • Oct 16, 15 9:34 AM: Covered 13800 at 1.17 - Got a little gap down/panic but big buyers on the bid mean the promoter might still be supporting this so I play it safe and take the meat of the move even if I'm early, I'm taking nearly 25% gains, more than the midpoint of my initial goal, solid trade!
DatePrice
Entry10/15/20151.4846
Exit10/16/20151.2548
  • Total Views1,925
  • Position Size19,800
  • Percentage15.48%
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