Shorted STV

whodi · #1 10-09-2007, 09:16 AM

5,000 shares at 52

whodi · #2 10-09-2007, 09:27 AM

stop loss is 52.50 on this short

whodi · #3 10-09-2007, 09:36 AM

covered entire position at 51, gain of 1 point

Goods · #4 10-09-2007, 09:39 AM

Awesome work today.

Been watching YUM for some movement

whodi · #5 10-09-2007, 10:04 AM

Quote:

Originally Posted by Goods

Awesome work today.

Been watching YUM for some movement

Thx Goods, I will put it on my watch list as well.

whodi · #6 10-09-2007, 01:28 PM

shorted 10,000 shares at 50.50

The Little Giants · #7 10-09-2007, 01:51 PM

Are you still holding your VMW short Whodi?

whodi · #8 10-09-2007, 01:57 PM

No, I ended up dumping it at 98.25 today, for what I call, A SHIT BURGER. Lost over 9 1/2 points on that one. Over 90k. To be exact, shorted at 88.85 and covered at 98.25 for an exact loss of 9.40 for a loss of $94,000. Actually got back over 30% of my losses on this stock today from my daytrades of STV so far.

whodi · #9 10-09-2007, 02:10 PM

possible short-term double top on STV before the close here but this stock is very volitale.

The Little Giants · #10 10-09-2007, 02:16 PM

Ouch! Well, no matter what happens it was a good sell. Make it back in daytrades.

whodi · #11 10-09-2007, 02:19 PM

Quote:

Originally Posted by The Little Giants

Ouch! Well, no matter what happens it was a good sell. Make it back in daytrades.

I will, I am not worried about it. Today is a good daytrading day for me for taking this big loss. Like I said before, one of my worst trades of the year but they are not all going to be winners. I let this one get to out of control. I was waiting for a pullback that didn't happen. Thats the past, time to make $$$$ now and move on.

whodi · #12 10-09-2007, 02:42 PM

Quote:

Originally Posted by whodi

shorted 10,000 shares at 50.50

Covered entire short at 49.75 for a gain of 75 cents

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