Entry comments: Finally found some shares to short at my high net worth broker, see http://tim.ly/brokerlist to see all my brokers, goal is to make 30-50 cents/share today or if I hold overnight then 50-75 cents/share, not sure what it'll do but I'm taking the shares and shorting into afternoon downtrend
Exit comments: Not cracking, spike still on, cutting losses FAST
First play ever! $CNET in at 2.9, out 3.25…super excited!
Thanks Tim
Thank you!
Thankyou Tim for great lesson!
Thanks Tim.
One of the best alerts I've ever seen is here http://tim.ly/1BUfRC8 please retweet/show your love! $CNET is now 2.50
Entry comments: Shorted some into the madness due to its PR working with hype machine Alibaba, definitely well timed, but this stock has spiked before and always failed, small position due to risk, but I can make 30-50 cents/share here when sanity returns
Exit comments: Nice easy $1,000+, now 2.09 so I played a bit too safe, will do video lesson to help you understand the ins and outs, probly falls more, congrats to all shorts on this gimmie
what do you do with the shares once you buy the short?
Tough loss, I was trying to short this at $3.47 a share, but couldn't find any available shares
I've never shorted CNET before = auto "speculative." I started with a mere 200 shares so I don't worry about getting squeezed. Hopefully it will make $4 & I'll add to my position.
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