I messed up the trade by covering too soon and playing too small, but this is a good example of how alerts can help you. I alerted CHGY and shorted it on g/r and it ended the day down 6.85%. The following are excerpts from Tim Sykes’ chatroom that I moderate.

[Apr 8, 2010 9:52:16 AM EDT]     SonofA    Anyone think CHGY has legs?

[Apr 8, 2010 9:52:42 AM EDT]     Reaper    doubt it CHGY

[Apr 8, 2010 9:52:46 AM EDT]     BIGJ    CHGY promotion ended yesterday from lebed as far as i know but CHGY has messed up a few of us

[Apr 8, 2010 10:00:03 AM EDT]     SonofA    I’m circling CHGY it’s still riding

[Apr 8, 2010 10:05:40 AM EDT]     SonofA    CHGY HOD 3.85

[Apr 8, 2010 11:15:33 AM EDT]     Reaper    CHGY red

[Apr 8, 2010 11:19:43 AM EDT]     Reaper    CHGY went g/r now fighting back

[Apr 8, 2010 11:21:02 AM EDT]     Reaper    I took 1k short @ 3.61 CHGY but I don’t like how it trades so won’t do more

[Apr 8, 2010 11:21:43 AM EDT]     Reaper    3.55 lod CHGY

[Apr 8, 2010 11:25:13 AM EDT]     Reaper    3.47 lod CHGY

[Apr 8, 2010 11:26:14 AM EDT]     Reaper    covered half my CHGY will hold the rest for now

[Apr 8, 2010 11:29:11 AM EDT]     Reaper    covered rest of my CHGY … tiny gain but oh well … it adds up

[Apr 8, 2010 12:23:32 PM EDT]     Reaper    CHGY 3.40

chgy

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