Several of my calls were winners.
RAS is still going long and strong. NR moved but is down after hours today. GRT stumbled as expected.
I made 2 somewhat risky plays which I papered. Both were winners, both ran further than I expected which contributed to profits being cut short, a problem I am still working on solving in my play management. I shorted a stock that was very expensive (MIL) which had been taken over and had been soaring today but was experiencing some profit taking, and I went long on another play that involved a stock (XNPT) that had lost over 50% of its value over night recently and was being targeted by bargain hunters. These plays, usually involving DCBs, (Dead Cat Bounces) are usually even lower than the initial gap down drop in share price over the ensuing months, but short term bounces are plentiful and can offer well timed entries with good risk/reward, some believe.
BOT 200 XNPT Stock 9.07 USD ISLAND 08:32:17 1.00
SLD 200 XNPT Stock 9.175 USD DRCTEDGE 08:34:34 1.00
SLD 50 MIL Stock 99.40 USD ISLAND 11:36:31 1.00
BOT 50 MIL Stock 97.41 USD ISLAND 11:39:24 1.00
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