Just one main trade today on ANTS and a small HAUP scalp. Mostly in the video I talk about trading research and development.
Daily profit: $1,452.00
BOT 1,000 ANTS false Stock 2.3500 USD SMART 09:56:19 5.00
BOT 1,000 ANTS false Stock 2.1900 USD SMART 10:06:41 5.00
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: Short 2,000 ANTS and 5,000 HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
See the video for my thoughts on the various brokers I use. See also my first impressions of Speedtrader and my review of SogoElite. [Edit 6/21/2011 — Subsequent to me posting this video Sogotrade has changed hands (Genesis Securities sold it to Wang) and the borrows for shorts are not good there anymore. I recommend against using Sogotrade.]
Disclosure: Short 2,000 ANTS and 5,000 HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Daily profit: $523.92 (unrealized losses of about $2700)
Weekly profit: $8,207.68
Disclosure: Short 5k SFMI and 4.3k HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: Short 10k SFMI and 1k HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Mentions of AEHI in chat:
[May 12, 2010 12:00:56 PM EDT] JC AEHI hod
[May 12, 2010 12:17:32 PM EDT] JC AEHI seems pumped hmm
[May 12, 2010 12:22:32 PM EDT] JC frigging… AEHI new hod
[May 12, 2010 12:24:59 PM EDT] SteveS AEHI how high will that go?!
[May 12, 2010 12:28:03 PM EDT] Reaper AEHI omg
[May 12, 2010 12:28:09 PM EDT] JC wtf…AEHI..
[May 12, 2010 12:30:28 PM EDT] Reaper shorting a bunch of AEHI … very risky
[May 12, 2010 12:30:46 PM EDT] Reaper short 3100 AEHI @ .97055
IFLG a nice short (in SogoElite, not shown below):
[May 12, 2010 2:57:57 PM EDT] Reaper shorted 1k IFLG @ 5.35 @ sogoelite … very tight 10 cent stop
[May 12, 2010 2:58:50 PM EDT] Reaper I like the big offers on IFLG @ 5.37 and 5.40
[May 12, 2010 3:05:59 PM EDT] Reaper covered 500 of my IFLG @ 5 still short 500
[May 12, 2010 3:09:42 PM EDT] Reaper out IFLG @ 5
09:53:31 PRWP B 0.8 1630 NITE
10:22:18 PRWP S 0.83 1185 NITE
10:19:11 PRWP S 0.83 445 NITE
Daily profit: $2,193.60
AEHI Intraday chart
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
In addition to the trade recap I talk about MCGI starting being cleared through the DTC.
Daily profit: ($119.00)
Disclosure: Short 2000 AMEL. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
People in Tim Sykes’ chat room were some of the first to know about the pump of MCGI:
[May 10, 2010 9:32:06 AM EDT] Reaper BDPS pumping MCGI
[May 10, 2010 9:32:06 AM EDT] Reaper My New Pick Is MedCareers Group Inc. ( MCGI ) MCGI Is Still My #1 Stock For 2010 and I Am Not Backing Away!
[May 10, 2010 9:33:55 AM EDT] Reaper woohoo MCGI I got a bunch at 1.60
Video trade recap:
MCGI intraday chart (click for larger image)
Daily profit: $5,874.83
Disclosure: Long 2,500 MCGI and short 1000 AMEL. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
