TOMO - Wow, this stock finished the day red again at -12.79%.
I knew TOMO had a lot of downside left when I first shorted 1,000 shares from last Wednesday's close, but I would have never guess it would fade during the last fifteen minutes of the day and close with a price of $3.00! I learned so much from a short position I had earlier this month - I simply didn't let my solid short of RZ ride out until the day it finally went green. RZ was a good profitable trade, but I lost out on nice sized amount of cash by not letting this winner ride. Just by sitting back and waiting for TOMO to close the day green, I am sitting on an unrealized gain of about $1200 since last Wednesday! Not too bad for a small and conservative short position!
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