timothysykes

Entry comments: Stock breaking to new highs on rumors of Seeking alpha article, similar chart to WATT so be careful if article hits and does nothing, should rise in anticipation though, beaten down hot technology stock, no real reisstance for 75-90 cents/share, low volume play though so don't chase it if it spikes too fast as other traders realize the potential

Exit comments: Unlucky, bad news JUST came out in SEC filing, explains selling, gotta cut losses will explain later...traders sharing this news: ATEN 10q discloses a received letter alleging CEO Chen at a previous company breached his fiduciary duty, misappropriated intellectual property, and diverted employees and investors from that entity to ATEN. http://1.usa.gov/1liTMCR

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Position Updates

  • May 13, 14 1:58 PM: Bought 9645 at 12.52 - Stock breaking to new highs on rumors of Seeking alpha article, similar chart to WATT so be careful if article hits and does nothing, should rise in anticipation though, beaten down hot technology stock, no real reisstance for 75-90 cents/share, low volume play though so don't chase it if it spikes too fast as other traders realize the potential
  • May 13, 14 2:26 PM: Added 5000 at 12.33 - Adding on a dip, people are too impatient, expecting a spike right away and then giving up, I'm gonna give this time as the upside outweighs the downside
  • May 13, 14 2:32 PM: Sold 14645 at 12.32 - Unlucky, bad news JUST came out in SEC filing, explains selling, gotta cut losses will explain later...traders sharing this news: ATEN 10q discloses a received letter alleging CEO Chen at a previous company breached his fiduciary duty, misappropriated intellectual property, and diverted employees and investors from that entity to ATEN. http://1.usa.gov/1liTMCR
DatePrice
Entry5/13/201412.4551
Exit5/13/201412.32
  • Total Views1,188
  • Position Size14,645
  • Percentage-1.08%
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Stone
StoneMay 13, 14 4:37 PM

Tim, can you please specify in your live alerts if you are all out or partially in? In ATEN you bought, added and sold, but only sold the original quantity. This is confusing. Did you intend to sell the added shares also? Why isn't the added quantity included in the sold quantity?

shiggity
shiggityMay 13, 14 7:04 PM

he has down 14k, that's the entire quantity

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