Tuesday, September 30, 2008

SIL UPDATE and LAST NIGHTS WATCHLIST KICKED BUTT!


Added another $4k short on the SIL green pop today at 2,coming down from 2.17.
I'm in now with $14k worth,average around 2.55 with 5400 shares.
At the closing price today of 1.72, gain is about $4400 so far.

With the dow up 500 points,still last nights watchlist smoked it,
24 watches, only 7 finished in the green.
The most amazing thing is,out of the 17 that finished red......11 were double digit losses with 6 red 20% or more.

The beat goes on

4 comments:

johnnyvento said...

if SIL gets down to 1.5 I will probably close it there.. but would love to take it down to 1.2

Anonymous said...

Excellent work!! SIL- down back to where is was trading- around the $1.00 range

Anonymous said...

Is it ture that scottrade doesnt let you short stock less then $5.00

Anonymous said...

anon,
From my experience true.

Scott is just a horrible place to short,plus even on some longs you have to call in..I don't have time for that either...2 reasons I ditched them with all but minimal amount to keep it open to use their scrolling hod list.