Thursday, February 3, 2011

Alliance Global Group

Short the market: Open position




Sold 8500 shares at 11.72 (doji).

Trailing stop 11.50

Stop loss: .20

Cover shorts at 11.40-11.30
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3 comments:

  1. SamaelFebruary 4, 2011 at 10:46:00 AM GMT+8

    Still not looking to cover.

    ReplyDelete
  2. SamaelFebruary 4, 2011 at 11:38:00 AM GMT+8

    Trailing stop at 11.50 got hit. Short position closed.

    Go long?

    ReplyDelete
  3. SamaelFebruary 4, 2011 at 11:40:00 AM GMT+8

    Sold: 11.72
    Cover: 11.50

    1.9% profit less 1% commission and taxes
    Net gain in 1 day 0.9%.

    Not worth the risk.

    ReplyDelete

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