$420 profit AVEO Short Stock
Entry comments: I shorted a small amount of this now 3-day runner, it's usually tough for these kinds of stocks to hold up on day #3, but VERY small position because a lot of shorts have underestimated this one, both IB and Etrade have shares to short, goal is to make 5-10%, nothing huge, but this is over-extended
Exit comments: I expected sharp drop when it got below $3, but very similar to how it acted when I shorted it a few days ago when it broke $2/share, it held up...last time it squeezed more, this time seems possible too so I play it EXTRA safe on my shorts in this speculative market...always worth a short shorting over-extended stocks for possible big morning panic, but this one also has delayed morning spikes galore so I stay safe
@huhuquen I personally go to to Yahoo finance.
This will be my next job then I can quit doing cnc machining..lol
Thanks Tim
Thanks Tim!!
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