timothysykes

$625 profit TGRO Short Stock

Entry comments: Shorted some of this pump which I TOTALLY bungled this morning, reserving shares to short all day with my high net worth broker, now 10 cents/share off its lows, I still think it can drop a ton later today or tomorrow, goal is to cover in the low .60s

Exit comments: Nice no risk $700 after fees profits, much easier than CNTO

Received 1 Karma
JVP3122
1
JVP3122 Jan 06, 14 3:04 PM

Are you calculating percentages correctly? Should we not be dividing 0.832-0.75 by 0.75 instead of 0.832? If you buy a stock at 0.75 and sold at 0.832 your gain would be the difference divided by the purchase price, or 0.082/0.75=10.93% instead of 9.86%

sanf
sanf Jan 06, 14 3:06 PM

@tim ... does this mean you are not going to wait to buy again at low 60s ?

Sharny
Sharny Jan 06, 14 5:06 PM

Nice. Super hard time finding shares to short. Need to change broker or something.

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timothysykes

($2,636) loss CNTO Short Stock

Entry comments: Reshorted on the bounce, wished it had further to go, but this could be under $1/share later today or more likely tomorrow

Exit comments: Gotta cut losses quickly, its squeezing now with a big promoter bidder, shoulda cut sooner

Received 1 Karma
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timothysykes

$625 profit TGRO Short Stock

Entry comments: Shorted some of this pump which I TOTALLY bungled this morning, reserving shares to short all day with my high net worth broker, now 10 cents/share off its lows, I still think it can drop a ton later today or tomorrow, goal is to cover in the low .60s

Exit comments: Nice no risk $700 after fees profits, much easier than CNTO

Received 1 Karma
JVP3122
1
JVP3122 Jan 06, 14 3:04 PM

Are you calculating percentages correctly? Should we not be dividing 0.832-0.75 by 0.75 instead of 0.832? If you buy a stock at 0.75 and sold at 0.832 your gain would be the difference divided by the purchase price, or 0.082/0.75=10.93% instead of 9.86%

sanf
sanf Jan 06, 14 3:06 PM

@tim ... does this mean you are not going to wait to buy again at low 60s ?

Sharny
Sharny Jan 06, 14 5:06 PM

Nice. Super hard time finding shares to short. Need to change broker or something.

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timothysykes

($2,636) loss CNTO Short Stock

Entry comments: Reshorted on the bounce, wished it had further to go, but this could be under $1/share later today or more likely tomorrow

Exit comments: Gotta cut losses quickly, its squeezing now with a big promoter bidder, shoulda cut sooner

Received 1 Karma
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timothysykes

$2,652 profit CNTO Short Stock

Entry comments: Reshorted, wasted opportunity but I'll bank big, down to 1.30s now

Exit comments: Nice gain, but it's down $1/share off its highs and not cracking the lows, could bounce, trade safe probable reshort later today

Received 1 Karma
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timothysykes

$422 profit CNTO Short Stock

Entry comments: Found shares to short at my high net worth broker, if you have $30k email admin@timothysykes.com for an intro, paying .013/share in fees to borrow it, but there's $1/share of downside so it's worth the small fees, c'mon morning panic

Exit comments: No big morning panic, probly just a few over-aggressive shorts, playing it safe, have 40k to short reserved for the day

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timothysykes

$422 profit CNTO Short Stock

Entry comments: Found shares to short at my high net worth broker, if you have $30k email admin@timothysykes.com for an intro, paying .013/share in fees to borrow it, but there's $1/share of downside so it's worth the small fees, c'mon morning panic

Exit comments: No big morning panic, probly just a few over-aggressive shorts, playing it safe, have 40k to short reserved for the day

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Received 1 Karma
sanf
sanf Jan 06, 14 3:48 AM

Hi Tim, I am new to your site, but I have been following all your news for more than 6 months now, finally I decided to join your site. Hope to get some hands on pennystocks. I use to do trading before but mostly I lost ...

JVP3122
JVP3122 Jan 06, 14 10:27 AM

I know it's not listed here, but I'm loving the run-up that SOFT is having. Obviously didn't get in it before the gap up, but I've gotten five or six tout emails about this one today, I bet there will be plenty of downside to this one.

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