Tim, I'm a newbie trying to understand this. Hope this isn't the wrong forum. You shorted ARTX at $4.50 in the pre market , as far as I could tell. I see resistance around $6.25, support around $4.10 on a 3 mo chart. Not much chat on twitter and after your short I checked seeking Alpha and did't see the statement from the CEO. I didn't see level 2 because of the timing of the alert (not that I fully understand it!) What did you see to short this? Thanks.
Entry comments: Shorted some as chatrooms saying Seeking Alpha expose coming tomorrow, risky though given the sector bounce today, expose apparently has CEO comments saying they won't do batteries for electric cars, small position since this is speculative, goal is to make 30-50 cents/share
Exit comments: Locked in HUGE PROFIT, video lesson coming
- Apr 21, 14 10:00 AM: Shorted 10000 at 4.50 - Shorted some as chatrooms saying Seeking Alpha expose coming tomorrow, risky though given the sector bounce today, expose apparently has CEO comments saying they won't do batteries for electric cars, small position since this is speculative, goal is to make 30-50 cents/share
- Apr 21, 14 12:28 PM: Added 10000 at 4.47 - Shorting more as the alternative energy space is failing after earlier breakout attempts and if this ARTX expose story is true it should gap down tomorrow like YOD did (even though YOD came back)
- Apr 21, 14 3:07 PM: Added 15000 at 4.49 - Adding to position as this is fading ever so slightly, I expect further dropping into the market close
- Apr 21, 14 3:56 PM: Added 15000 at 4.48 - As outlined in todays video lesson the risk/reward is too good, I'm gonna bet somewhat large overnight
- Apr 22, 14 12:00 AM: Covered 50000 at 4.18 - Locked in HUGE PROFIT, video lesson coming
Like he said... comments haven't been released yet. At this point the trade is purely speculation.
Which broker did u use to short this ?
I can't find shares to short. What broker do you use?
Hey Tim Do ya think ARTX will go to 4.32 or blow past this to 4.28 with 3 areas of support?
Stop making assumptions ! Your. Boy Grittani says. Sure. Trade. Isn't taking shorts consistently - plus they make you agree I am not a USA citizen which I am - 10 commandments not suggestions - so i am asking a question, not out of laziness but out of honesty I took your challenge - I have 13 k I am trying 2 grow to support a non profit that's changing this world ! Www.cdministriesinc.org People that help me get blessed by the. Chief ! "I am "
Ok today I opened interactive broker account for 11k - you said "high net worth broker " also shorts ARTX - can't find this firm anywhere
Got so. many emails coming in I missed that one -