-$680 Loss
HEMPShort Stock
timothysykes

Entry comments: Going for the big crack again, if it can take out big bidder at .29 its a goner and my goal will be to make several cents per share, IB has tons of shares available to short

Exit comments: Screwed up posting this trade, didn't add to my position at .2803, thats where I covered most, just covered the rest at .30ish, made a little $ overall, still gotta figure it all out, sorry for confusion, all just a penny or two so I was wrong on the big breakdown, but I'd NEVER take a 700,000 position short on such a dangerous stock

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Position Updates

  • Feb 05, 14 12:09 PM: Shorted 450000 at 0.29 - Going for the big crack again, if it can take out big bidder at .29 its a goner and my goal will be to make several cents per share, IB has tons of shares available to short
  • Feb 05, 14 12:15 PM: Added 285000 at 0.28
  • Feb 04, 14 11:00 PM: Covered 735000 at 0.284 - Screwed up posting this trade, didn't add to my position at .2803, thats where I covered most, just covered the rest at .30ish, made a little $ overall, still gotta figure it all out, sorry for confusion, all just a penny or two so I was wrong on the big breakdown, but I'd NEVER take a 700,000 position short on such a dangerous stock
DatePrice
Entry2/4/20140.2861
Exit2/4/20140.287
  • Total Views1,466
  • Position Size735,000
  • Percentage-0.31%
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LaywerByTrade
LaywerByTradeFeb 05, 14 4:41 PM

Tim, I bought 20,000 shares at $0.11! And accidentally sold them the same day :(

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