Trades at IB:
+ BOT 800 YRCW false Stock (NMS) 5.987 USD SMART 09:30:25 4.00
+ SLD 800 YRCW false Stock (NMS) 6.090 USD SMART 09:32:28 4.00
BOT 100 AM false Stock 17.71 USD SMART 09:36:37 1.00
SLD 100 AM false Stock 18.1002 USD SMART 09:38:13 1.00
Daily profit: $111.08
Watchlist:
The only stock that really interests me for tomorrow: EMGE, which was a big mover again today. I doubt there will ever be shares of it to short.
Disclosure: No positions. I have a disclosure policy.
There really is nothing that looks interesting for tomorrow, I’m sure that will change in the morning. At least I hope it does.
EMGE is hard borrow…
anything other than that worth watching ? how abt BAYN ?
Maybe there’s other interesting stocks, but I’m not seeing them. Maybe there will be some nice ones that show up on the pre-market scan tomorrow.
It had a good move but the volume is still low making it harder to play. I don’t know if Ameritrade has shares to borrow, I might check tomorrow.
BPFH failed to break through some key resistance and has had a down day making it look attractive to short.
YRCW looks the same but it has some support at the 4.00 area making the downside not that great.
DRAM could go either way, volatile recently.
LIWA Lihua International is a spiker. Maybe not supernova enough but vertical. Must be an IPO or something…..
Git yer ass outta bed Reaper!
Subject: Need 3000 EMGE to short
07:02 Ross: checking
07:03 bohenam: thanks
07:04 Ross: good on 3k EMGE
07:04 bohenam: please note on my account!
07:04 bohenam: thanks!!
07:04 Ross: all set
Ahh, nevermind, I forgot you don’t have an account with Thinkorswim.
ALTH is a pre-market leader, has some news and breaking multi month resistance.
Sold HLCS for a 316.00 profit on 800 shares.
fuck me, i don’t want to have to get a TOS acct again….
Short 1000 shares LUNA @ 2.65, I may get squeezed on this one.
did SOGO and TOS have shares to short of EMGE, caue Zecco didnt
Yo Pres dogg made 500 smackeroos on LUNA Bot at 2.32 and sold at 2.87. Who needs Sykes?
mudholes magic bong picks RULE!!!
Did you get any shares to short? I managed to get some at speedtrader at 3.10… Riding the downhill rollarcoaster 🙂
Sogotrade dosen’t have EMGE because they don’t list pink stocks. It comes up as nothing if you type in their ticker
I really like that reserve option on thinkorswim though.
I missed the short for the most part, it was too quick and I hesitated. I got shares through Penson.
How is speedtrader?
Michael, you can laugh at that email now, I let a 300.00 gain turn into a 300.00 unrealized loss on LUNA by not taking profits. I’m still holding but only out of stupidity now, piss poor trading on my part. I let my ego get the best of me again, I’ve got to get better at that soon or it’s going to cost me a lot.
Let the ass chewing commence. 🙂
John, Ameritrade had them through their ToS but you cannot short OTC stocks there.
Considering I completely fucked up the EMGE trade, losing $1400 total shorting it on the day it dropped 43% from its highs, I don’t think I’m in any position to chew you out.
that idea of shorting and going long simultaneously in different accounts when there are shares to short and then ditching the long when the pattern finally sets up sounds interesting.
Aside from slippage on the entries Reaper, anything I am missing? That would protect you on a forced buy-in as well…
you miss nothing BTB. Although that would effectively quadruple your commissions.
yeah, would only use it in select cases. GVBP woulda been worth it.
DRAM got it’s volume up, starting to look good for a short. Up 70% on the day.
Sounds like a good strategy to me. I could’ve used it today on LUNA, it would have worked nicely when it broke the HOD and I could have added to my short as well, which I didn’t do.
Haha, LUNA just took a death drop.
Covered LUNA @ 2.28 for + 365.00.
9/25/2009 7:41 STOCK BUY 800 TO CLOSE HLCS STOCK 2.66 LMT EXT FILLED
9/25/2009 8:51 STOCK SELL -200 TO OPEN LUNA STOCK 2.71 LMT DAY FILLED
9/25/2009 8:56 STOCK SELL -500 TO OPEN LUNA STOCK 2.6 LMT DAY FILLED
9/25/2009 9:03 STOCK SELL -300 TO OPEN LUNA STOCK 2.67 LMT DAY FILLED
9/25/2009 14:42 STOCK BUY 1000 TO CLOSE LUNA STOCK 2.29 LMT DAY FILLED
Am considering switching my brokerage account to Speed Trader. Will be trading stocks long. Does anyone have anything good or bad to say about them? Thanks