Today’s trade recap is in video format! Please take a look at it on Screencast.com to see it in high-definition.
+ BOT 200 TSPT false Stock (NMS) 9.080 USD ISLAND 09:34:01 1.00
+ SLD 200 TSPT false Stock (NMS) 9.072 USD SMART 09:43:38 1.00
+ SLD 6,000 VHC false Stock 2.960 USD BATS 13:50:58 30.00
+ BOT 500 VHC false Stock 2.770 USD SMART 14:02:59 BookTrader 2.50
BOT 500 VHC false Stock 2.75 USD ISLAND 14:03:21 BookTrader 2.50
+ BOT 5,000 VHC false Stock 2.960 USD SMART 14:21:11 25.00
+$134.40 on the day.
This is a bit abbreviated tonight.
NLS – big move from $1.12 to $2.90 in eight days with no red candles. No news, short watch.
GGC – still on watch until it stops moving. I am long-biased. When this tanks it may tank quickly, but any strong move above today’s high of about $27 might make a good buy.
VHC – a bit choppy but still finished red without me in it. We should see more downside; I probably won’t play it but there is good risk / reward on the short when it goes red tomorrow. A tight (mental) stop would be a good idea.
FRNTQ.pk – up big on news it will get bought out of bankruptcy, likely by LUV. The equity is still probably worthless. Shares to short will be impossible to find though.
Disclosure: No positions. I am a customer of Tim Sykes and InvestorsUnderground and an affiliate of both of them. I have a disclosure policy that gives details on those relationships.