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
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4 comments:
if SIL gets down to 1.5 I will probably close it there.. but would love to take it down to 1.2
Excellent work!! SIL- down back to where is was trading- around the $1.00 range
Is it ture that scottrade doesnt let you short stock less then $5.00
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.
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