$733 Profit
HEARShort Stock
timothysykes

Entry comments: As I said in chat/on watchlist, this has been a potential short due to the 50% runup in a few days from an analyst who has been hyping this for 3+ years all while this stock has dropped 90%...I don't like shorting such low priced stocks though so I wanted to give it all the time it needed and now it looks like it can go red today, it already tested 1.40 but bounced, now with volume fading more I think it breaks 1.40 and I can cover in the low 1.30s or even 1.20s, thats my goal, 1.50+ is my risk

Exit comments: Closing out my short in this for another few cents/share profit, but it didn't go red on the day like I wanted and now it's barely moving...I need to focus on more exciting plays like RGSE, the stocks I've been trading the past 2 days are putting me to sleep!

1
520

Position Updates

  • Sep 26, 16 12:58 PM: Shorted 10000 at 1.465 - As I said in chat/on watchlist, this has been a potential short due to the 50% runup in a few days from an analyst who has been hyping this for 3+ years all while this stock has dropped 90%...I don't like shorting such low priced stocks though so I wanted to give it all the time it needed and now it looks like it can go red today, it already tested 1.40 but bounced, now with volume fading more I think it breaks 1.40 and I can cover in the low 1.30s or even 1.20s, thats my goal, 1.50+ is my risk
  • Sep 26, 16 2:45 PM: Covered 5000 at 1.39 - I covered roughly half my position for some small gains, it did go red today but not as much as I'd like so I'll give it some more time, likely overnight for a possible morning panic tomorrow, but I'm just lessening my risk here a bit so I'll have small position overnight
  • Sep 27, 16 9:42 AM: Added 2500 at 1.42 - I added to my HEAR short on its failed morning spike attempt and news of more insider selling http://tim.ly/2d3nPrv like rats fleeing a sinking ship, goal is to cover int he low 1.30s or high 1.20s today or tomorrow
  • Sep 27, 16 10:17 AM: Covered 7500 at 1.40 - Closing out my short in this for another few cents/share profit, but it didn't go red on the day like I wanted and now it's barely moving...I need to focus on more exciting plays like RGSE, the stocks I've been trading the past 2 days are putting me to sleep!
DatePrice
Entry9/26/20161.456
Exit9/27/20161.396
  • Total Views1,226
  • Position Size12,500
  • Percentage4.12%
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