Monday, September 18, 2017

SPH - Shorting with $2500 Profits

Shorted SPH last Friday at 2.68 and today the stock tanked with so much sellers as it reached a low of 2.62. Locked in profits at 2.63 with $2500. The market is bullish today but this counter is under performing with so much sellers. SPH was one of the hottest stock last week where $3000 profits was made when longed near the bottom and today was the reverse with $2500 profits and shorted near top. Rotating to another stock.

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Ronald K - Market Psychologist - A Stock Market Opportunist