One of the many benefits from reading Tim's Blog Posts is the educational component. As a new Trader I experienced one of my plays, shorting $NAK, got halted. Since I had previously read Tim's blog "How To Profit From The SEC Halting A Stock" I wasn't worried about the halt. Looking forward to seeing how this develops..."Invest in Yourself, in Your Education, There's Nothing Better"
Posted Feb 14, 17 12:55 PMbystevelorne59
Categories
Short Selling
Tickers
$NAK
Received 1 Karma
Always be worried about a halt. A halt only benefits you if bad news comes out. But if good news comes out (even though NAK just punted for a few days, but traders reacted positively to it), you can be crushed by the halt, like what happened with NAK if you didnt quickly cover
*only benefits you when you're shorting if bad news comes out
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