TOMO - Finished nicely red today, down -11.11%.
Yesss! Four out of my first four!
The lesson I learned from Laura from the Dark Side of Trading just about two weeks ago is really paying off - "No reason to cover until I see green." I'm still holding 1,000 TOMO short from Wednesday's close at an average of $4.20 and so far I have an unrealized gain of about $760, not including commissions. TOMO has been my best short to date even though I didn't play this stock agressively at all. It has been a steady downhill ride on a wave of red!
Friday, October 24, 2008
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