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ID – 3/16/09 ID solutions, I hardely knew ye’!

Posted on 16. Mar, 2009 by tim in Trades

Sold Short: $5.21
Bought to Cover: $5.03
Net P/L: +$544.00

Notes:
Consider myself lucky on this trade, probably should have never entered it where I did. It was up big on the day so I figured I would take a stab with a tight stop loss.

After the way it acted into the close I’m a little bummed I didnt hold O/N, but it really didnt act like it wanted to crack through $5 so I dumped it.

ID 3 16 09

2 Responses to “ID – 3/16/09 ID solutions, I hardely knew ye’!”

  1. [...] mid-day right off resistance in the mid-$5s…PennyStocking Combo DVD Package Student T. Bohen nailed it for a quick $544 (enough to pay for all his DVDs in 1 trade!) This is still a potential short as there’s no real [...]

  2. [...] I’ve been having good luck going back to the well, first traded this stock here, but I have NO IDEA why I got back into this turd…. The last time around it showed me it [...]

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