Hi Tim, I tried out shorting for the first time today. I got in on YOD at 2.44 and got out at 2.25. Nothing big but I made a little and got some good experience. I just finished your Russian seminar video. I found it very informative. Looking forward to learning more and trading more. Thanks.
Entry comments: Short small amount into this ridiculous runup fueled by newsletters/chatrooms, be careful since its run int he past before but I think I can make a quick 20-30 cents/share
Exit comments: Gave it some time, volume fading nicely, but no big drop as Friday afternoons are scary to short buyout rumor stocks...less than 5% chance of actually getting bought out but you never know, gotta trade safe...still a good trade/setup given the extreme spike...notice I shorted the 2nd spike not the 1st, that reduces risk considerably