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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| COT | Soft Drinks | -3.55% | n/a | 4 | 01-Apr-08 | Prior Holding |
09-Apr-08
Hard To Borrow Stocks: Short Sell What You Can, Only When Key Prices Are Breached
Holding Rationale for COT.
All of a sudden there’s a ton of crap stocks looking perfect for PennyStocking: (AGEN), (COT), (PSTI), (GBRC.PK), (CNOA.OB) and (NCEN.OB). Why then did I choose only to short PSTI…because it was the only one with borrowable shares!
As I posted towards the end of THIS post, PSTI’s pattern is the EXACT chart pattern that made me a millionaire by age 22 and it’s why TIM is up now 46% since November 2007. Can’t short more than 10,000-30,000 shares (this time around at least, liquidity willing you can sometimes get up to 100,000 shares), but ideal for smaller traders/investors in the $2k-$100k account size. … [visit site to read more]
Posted at 15:44 in Holding Rationales | Permalink | Comments () | Top
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