Successful Traders Are Made, Not Born, Patience Is Needed
November 18th Overview/Potential Plays
See my take on (NYSE: LDK) on AOL today, potential for a further short squeeze, but I’m not buying until it proves itself, probly will move too quickly on earnings tomorrow either way.
(Nasdaq: CSIQ) – massive afternoon run up, buyout rumors, breakout,
whatever, too risky to go long overnight, suicidal to go short
(Nasdaq: RIGL) – nice downtrending, secondary offering at $8 LOL Had the chance to short before the market close, but it’s too risky for a quick bounce now that it’s 50% off its highs. Really screwed this on up, obla di obla da, life goes on.
(Nasdaq: FRPT) – down to $4 in after hours, maybe on less contract wins than expected, solid cash position, international orders probable, won’t touch it though because you get mutilated trying to catch falling knives
(OTC BB: CACN.OB) – nice close, why’d I get scared out? Nobody will ever know.
(Nasdaq: VSGN) – one to watch, c’mon strength, get up there so I can short ya!
No positions, no great setups, so I’m happy 100% cash. Sorry if you’ve emailed and I haven’t replied yet, I’m too popular, so I’m waaaay behind
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
| July 30 | USS | $2.54 | $2.69 | $205 |
| July 29 | USS | $4.05 | $4.61 | $823 |
Total: $25,376 (
104%)









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