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Holding: ARTEQ

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Symbol Sector Return Exposure Trades Last Trade Status
ARTEQ Pharmaceuticals 1.69%  n/a 4  08-Feb-08  Prior Holding
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09-Jul-08

20 Stocks I Might Short Sell: Yes, Trading Destroys Your Life, Enjoy!

Holding Rationale for ARTEQ.

Just put ‘em all in a watchlist and watch ‘em…some will go nowhere, some will spike, some will drop…aim small, miss small, learn to understand the setups that lead to the biggest drops:

GETG had a nice reversal—thought about shorting into the clo0se, but now that Thinkorswim got strict about the Pattern Day Trader rule, I’m scared to short imperfect setups, kinda of a gift and a curse…no support til $3, definitely reserves shares for possible short

WLGC is a patent play, they typically runup nicely, but only if the volume is there and inevitably come crashing down, reserve shares to short just in case

ARTE whaaaat? Trying to make a cup & handle breakout right into resistance at $2? Wow, this would be pretty amazing, I just can’t believe it, reserve shares just in case this breakout attempt fails…hopefully it keeps goin cuz right now potential downside is shit

Ambac Financial Group, Inc. (ABK) is a distressed financial stock, not for me, gotta know what you’re good and not good at & stay disciplined

Radian Group Inc. (RDN) is the same exact thing, tempting, but no thanks…waaaay too new-related, I totally p refer pump and dumps and frauds, at least those guys don’t pretend to be competent

ERII was alerted, traded and written about….good god, this was a nice 15-20%…now, who knows, lots of bitter shareholders, even more people believing it’ll spike again…I just don’t care, I go for that initial pop cuz it’s more predictable. Avoid. … [visit site to read more]

Tagged Stocks: ABK, ARTEQ, ERII

 

Posted at 05:25 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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TimothySykes

ARTEQ Out
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Return 1.69% at 2009-01-08
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