Trade recap for October 26th: Low float madness

Nice morning panic on CDTID … I watched the r/g action but didn’t play. Wow. LCHL I finally covered for a nice gain, but I still lost a little overall on it due to my ill-timed scalps on it last week and my disastrous long on it.

 

Daily profit: $1,605.98

Disclosure: Short 60,000 CPMCF at IB and long 60,000 CPMCF at SpeedTrader. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.


0 thoughts on “Trade recap for October 26th: Low float madness”

  1. Hey Reaper,

    Good to see you’re back!

    I’ve been unlucky the last 2 days: want to short all kinds of pumps ( MSLP, LCHL ) but at IB there weren’t any shares to short. Bummer :(. Literally every damn opportunity didn’t have any shares to short at IB, I guess that’s life. ( I don’t have enough capital to open other brokerage accounts with the 1.5$ per share rule )

    Oh yeah, normally I can scale your video to 1080p so that it’s nice and crisp but somehow this isn’t possible this time. Did something go wrong?

    Regards,

    Haxor.

  2. @Haxor – the video isn’t available in full resolution until a bit after Youtube first processes it. So if you watch just after I post it will often not be full resolution. For some reason Youtube seems to be slow today and it still says it is processing the higher resolution versions.

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