Wednesday, November 12, 2008

Position Update

HOTT - I just took a short position of 500 HOTT at $6.95 at 7:10AM PST. I observed this stock to see if it had enough strength to get above the $7.00 mark, but so far it's stayed under just like it did last Thursday. I'll keep a very close eye on this one.
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3 comments:

dc5guy said...

Nice! I forced this play at open minutes before leaving to work which was a dumb move. I figured it ran out of juice to stay at 7.00 way too early and set a limit at 6.85 to short. I should've waited for that bounce back to 7.00 and watch carefully to see what really would've happened.

November 12, 2008 at 7:48 AM
RamtaJogi said...

Alright, the champion has entered another short! I will be also watching HOTT. I watch your trade mainly to see how it moves during the day and does it shake you out or not. Not that I want you to shake out, but I really want to understand your mindset while being in the trade.

Wish you good luck with HOTT!
RJ

November 12, 2008 at 8:31 AM
IL Torello said...

Ramta...HOTT's chart's been boring until the last hour...and that's a great thing. I'm watching HOTT and seeing if it finishes weak.

November 12, 2008 at 12:27 PM

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