Trade recap for November 18th: Happy to be home

Only one tiny trade.

SLD    5,000    LBSV    false    Stock    0.6200    USD    SMART    09:40:13        15.50        null
BOT    2,500    LBSV    false    Stock    0.5911    USD    SMART    09:45:01        7.39        null
BOT    2,500    LBSV    false    Stock    0.5751    USD    SMART    09:47:01        7.19        null

Daily profit: $154.42

Disclosure: No positions in any 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.

4 thoughts on “Trade recap for November 18th: Happy to be home”

  1. Reaper, why did you decide to short LBSV at .62? Pretty good timing. Wasn’t that the high for the day? Or had it declined before you shorted?

    1. It was a Beacon and HotOTC pump. Beacon pumps tend to top out 10 to 20 minutes after the open, HotOTC pumps tend to gap and crap. At that point it was a good risk/reward. Of course I didn’t know it wouldn’t go up anymore and I didn’t get my full size.

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