Check out all this site’s new and upcoming features…you’re gonna like them!
As I write this post on a Monday night, I am not short Conolog Corporation (CNLG) overnight, but I did make $772 shorting this stock on Monday…and TIMalert subscribers and those who have subscribed to my new newsletters banked $2,000+ as we shorted from the mid 4s to the high 3s (my $772 was near-worst case scenario, stock didn’t collapse like I expected)
+$623.69 on CNLG short…
+$299.84 on PEIX short.
-Reaper
Up $176 on paper on my short of 400 shares of CNLG at 4.45… Also made $160 going long 30,000 shares on JALSF
-PTA
total of $912 gain on CNLG today, thanks Tim!
-Bob
+$110 on CNLG short, could have doubled that with a little patience, have to learn to control that butterfly in the stomach feeling.
-mudshark
$180 before commissions in CNLG short.
-qbantek
covered half CNLG @4.2 and other half @4.5 for $100 …
-parabol
CNLG is crazy +120
-Joe
I tell you this not to brag, but to help you understand it does me no good to expose this story right now…in this case, I am hurting the chances of this squeezing overnight shorts and turning into a bigger short squeeze worth me shorting later today, but I didn’t start this blog to prove how good a trader I am, I did it to teach!
So while traders like Cody lose 70% getting squeezed but taking pride in “being right” about his research exposing this as a pump & dump, my intro helps you understand the trade did not go the way I wanted (shorted at 4.30 and covered at 4.19) and yet I still made $ because I traded like a coward…something young Cody still needs to learn…
(Cody, don’t give me that junk about “oh I’m so brutally honest, look at me, I lost 70% today but I’m okay because I know blah blah blah”…someone standing in the middle of the road staring down an oncoming while telling onlookers “I’m about to get hit by a bus and it will hurt a lot, possibly kill me…but I thought I’d tell you because I am so hon…”(the bus hits him before he can finish) IS NOT DOING ANYTHING PRAISEWORTHY)
Okay, let me get back to why CNLG is a pump & dump…oh wait, this is my free blog…in the world of free financial content, you get what you pay for…which is why Sucking Alpha and Sucking Alpha and blogs liek Cody suck…and are dangerous (Cody normally isn’t so sucky, but his ego gets in the way far too often…I know Cody, I used to be like you)
You want to know my trake on CNLG, you gotta signup to one of my new newsletters…bitch and moan all you want, but I have a PROVEN track record, I don’t take $ from carcass companies and I’ve got thousands of happy customers…if you cannot afford $50/month for quality information from a scarred veteran, you shouldn’t be trading penny stocks, let alone risking your boss catching you read my blog and demoting you to an even smaller cubicle!
Disclosure: I understand my title of this post is misleading…I promise not to do it anymore, just a good lesson in mocking Motley Fool which does it all the time…and they just raised $25 million
Posted in Testimonials