We had activated our second batch of shorts in Yangzijiang and the stock had an avalanche of sellers with a humongous amount of volume done at 6 million + @ 5.05pm! The 6 million plus volume was obviously sellers looking to short sell for lower prices to come. Decided to hold the shorts overnight and see what happens on Monday. It's only 15 lots with an unrealized profits of SGD $525. As you can see, the 2nd batch of the price we shorted was 1.185 and the earlier price when I posted on my blog was 1.23.
The is the realized profits for the 1st batch of shorts. Covered @ 1.196 with SGD $510.
http://stockmarketmindgames.blogspot.sg/2015/09/yanzijiang-shorting-in-progress.html
Ronald K - Market Psychologist - A Stock Market Opportunist
