Comments on: August 17th trade recap: Blah http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/ Reaping Profits by Trading Penny Stocks Wed, 28 Jul 2010 04:52:50 -0400 hourly 1 http://wordpress.org/?v=3.0 By: Chris http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-271 Chris Tue, 18 Aug 2009 14:36:35 +0000 http://www.reapertrades.com/?p=271#comment-271 Played HURN this morning with 150 shares and made 100+ off of it. Can't wait for the eventual short in the future. Played HURN this morning with 150 shares and made 100+ off of it. Can’t wait for the eventual short in the future.

]]> By: Preston http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-270 Preston Tue, 18 Aug 2009 14:28:55 +0000 http://www.reapertrades.com/?p=271#comment-270 I hope you were able to get in on AXL, it's still running strong. ISR is another one that may go higher, though for now it looks like it has leveled off. I hope you were able to get in on AXL, it’s still running strong.
ISR is another one that may go higher, though for now it looks like it has leveled off.

]]> By: Reaper http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-269 Reaper Tue, 18 Aug 2009 13:55:32 +0000 http://www.reapertrades.com/?p=271#comment-269 IB quotes were non-existent in the premarket. I only played one pre-leader so far, AFN, and broke even on that. IB quotes were non-existent in the premarket. I only played one pre-leader so far, AFN, and broke even on that.

]]> By: Preston http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-268 Preston Tue, 18 Aug 2009 13:53:24 +0000 http://www.reapertrades.com/?p=271#comment-268 Went long on a pre-market leader, AXL. 1000 shares at 3.65, out at 4.12. Trying the same thing with CHINA but it's not working. Went long on a pre-market leader, AXL.
1000 shares at 3.65, out at 4.12.
Trying the same thing with CHINA but it’s not working.

]]> By: Reaper http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-266 Reaper Tue, 18 Aug 2009 12:05:27 +0000 http://www.reapertrades.com/?p=271#comment-266 Andrew -- it gapped down with the market (although not by much). I don't like shorting when the market gaps down big. There may be more downside but if the market turns there may not be. Andrew — it gapped down with the market (although not by much). I don’t like shorting when the market gaps down big. There may be more downside but if the market turns there may not be.

]]> By: Andrew http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-264 Andrew Tue, 18 Aug 2009 01:51:14 +0000 http://www.reapertrades.com/?p=271#comment-264 Reaper, how come you didn't short GY when it opened red this morning and continued to drop within the first 30 minutes of trading? Reaper, how come you didn’t short GY when it opened red this morning and continued to drop within the first 30 minutes of trading?

]]> By: Preston http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-263 Preston Tue, 18 Aug 2009 01:22:59 +0000 http://www.reapertrades.com/?p=271#comment-263 Blah, things are never as they seem. Thanks, I would've never traded it but it's nice to know these things. Thanks for the link and the advice on brokers, I will open one there very soon. Blah, things are never as they seem. Thanks, I would’ve never traded it but it’s nice to know these things.
Thanks for the link and the advice on brokers, I will open one there very soon.

]]> By: Reaper http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-262 Reaper Tue, 18 Aug 2009 00:37:48 +0000 http://www.reapertrades.com/?p=271#comment-262 and thanks for using my Amazon link! and thanks for using my Amazon link!

]]> By: Reaper http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-261 Reaper Tue, 18 Aug 2009 00:37:31 +0000 http://www.reapertrades.com/?p=271#comment-261 Preston -- Remember, TANSTAAFL. In practice, stocks with large dividends just gap down on the ex-dividend date by approximately the amount of the dividend. There is no play there. IB's paper-trading I found to be very realistic; it also uses a live data feed I think (for which you pay, just like you pay when you are using a live data feed to do real trades there). Preston — Remember, TANSTAAFL. In practice, stocks with large dividends just gap down on the ex-dividend date by approximately the amount of the dividend. There is no play there.

IB’s paper-trading I found to be very realistic; it also uses a live data feed I think (for which you pay, just like you pay when you are using a live data feed to do real trades there).

]]> By: Preston http://www.reapertrades.com/2009/08/august-17th-trade-recap-blah/comment-page-1/#comment-260 Preston Tue, 18 Aug 2009 00:21:05 +0000 http://www.reapertrades.com/?p=271#comment-260 Is this a type of arbitrage? PTYA announced the 14th that it will pay a dividend of .15 for share holders as of Aug 24th. It's only a .38 cent stock, just seems strange. 1000 (380$) shares will get you 150$. Is this a type of arbitrage?
PTYA announced the 14th that it will pay a dividend of .15 for share holders as of Aug 24th. It’s only a .38 cent stock, just seems strange. 1000 (380$) shares will get you 150$.

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