Wednesday, March 9, 2016

Noble Group - $15,000 Within an Hour



It was a good one hour. Noble gap down to a low of 0.41/0.415 and that's where a long was made at 0.415 with 500 lots as shown on the trade record. We grab market price and not Q for a better price. If you want to make $, be decisive and take market price because if the stock is going to run, any price you grab, it will fly and that's what happened to Noble.


Noble shot up to a high of 0.435 and that's where the unloading happens which 1000 lots was sold down at the high @ 0.435. Yesterday a short sell was made with 1000 lots @ 0.46 and covered at 0.455 because it was a naked short and covering on the same day is needed to avoid penalty. Well overall, a good $15,000 within 1 hour and $20,000 in 2 days! Noble is now trading @ 0.425 after all that frenzy buying at the buying. Luckily not greedy, sold at peak!!

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