Sorry, this was a few days ago, but as TIMalert subscribers know, there have been several plays each and every day…
…and to make matters worse, I was in and out of CPY like five times–simply trying to find shares to short of this hard-to-borrow name, shorting when it broke through technical support, shorting aggressively into a big morning spike, covering into the market close to reduce the risk of being short the next day when a morning spiked seemd likely, missing out on a 20% drop…blah blah blah, all the usual patterns/successes/themes/failures that are detailed in my pretty-much-the-best-thing-I’ll-ever-produce (people who’ve seen it, am I right or am I right…or am I right? I could be wrong, leave some comments below!) 6-hour PennyStocking Part Deux DVD–so I’m not gonna bore you by reposting literally a dozen alerts.
(If you do want to see the alerts, signup for TIMalerts so you can get access to the subscribers-only website)
For now, look on the right hand side of the page for all my entries and exits, understand that my total profits added up over $3,500, most importantly, that all my trades were too early as I totally missed its 20%+ one day drop the other day and yesterday’s 24% drop, see the chart below and some TIMalert subscriber testimonials:
Just made $390 shorting 1400 shares CPY from 4.33 thanks Tim!
-GMan
Im out CPY $826. Sold short @ 6:36am covered all by 6:55am $43 a minute I think I’ll go get a job
-alan
Shorted this one at 4.70 exited at 4.14 on 1000 shares. Made a quick $580.
-babyfacedtrader
Out CPY for $264. I do not like trading this–so bouncy, and I need to leave in a half-hour.
-Reaper
covered CPY at 4.79 for $237.5 net
-Cswiger
Made $36 on CPY and CPD yesterday and today.
-Reaper
Tags: Good Trades, Short Selling
