PLA - Closed the day red at -6.41% today. I waited a five minutes to see if the prices would have an opening spike just like yesterday and I jumped in after five minutes of the opening bell with a small, conservative position. My short entry could have been better, but I felt great about my entry of 1,000 PLA at $2.43 this morning. This might have a little more downside left tomorrow, but so far I am sitting on an unrealized gain of about $233.
LCAV - Was red all day except for the last ten minutes of the day, probably because of the short interest in this stock.
ZINC - Barely finished green at 0.86% today after battle back from the red. The intrad chart looks unpredictable now and it no longer catches my eyes.
NAK - This stock was strong today and finished green at 17.15%. I know a lot of people shorted this into yesterday's close. The chart looks unpredictable to me now.
VHI - Even though this was red for most of the day, this stock closed green at 5.51% because of the price spike during the last fifteen minutes of the day. I'll wait for an afternoon fade before I even try to short this one.
LNG - This stock has been climbing steadily and today it fell off the cliff, only to rebound into the close! It reminded me exactly of how I played LBAS a few months ago, going long and with a tight trailing stop just in case it fell off a cliff...and it did! It closed red at -10.96% still.
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1 comment:
Shorting Playboy...I salute you.
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