Super busy day slotted up today, hopefully it will be productive though. But because of that this list has medium to low effort put into it. I think all these stocks are solid shorts, but there could be many more that I just didnt find the time to dig up.
Am I still holding $HNR short, sheesh I wish I could say no, but the truth is yes. My logic is based on the fact that it just refuses to go up and appears to be sitting on the precipice of tipping over. I HATE holding stocks short multiple days, and this one is going on a week! I’ll be looking at any and all drops as potential exit points.
Well a complete debacle of trading yesterday…. I allowed myself to get squeezed on $HNR which was completely idiotic. Then as soon as their conference started the stock completely fell apart and dropped a dollar in minutes! Did I cover for a nice profit? NO! I could not find my keycard to login to $IBKR, so I was forced to franticly run around trying to find it, by the time I did the stock was roughly back to where I originally shorted it. So I decided to just ride it out another day. There were three decisions made in that process and ALL THREE of them were bad… I need to get out of this stock as fast as possible today, it is just not for me.
Glad to see that $ARNA can finally be completely pulled off my list, they received approval for their fat loss pill, which I highly doubt works and probably makes people crazier then bath salts, but anyway its approved I can move on to other stocks. Still pretty bummed I did not trade it ONCE over the last couple weeks.
I had high hopes for this week trading wise, but we are rapidly approaching the end of the week, and not much to brag about. But I’ve said it a million times, one of the greatest attributes of the stock market is there is always another day with another batch of new opportunities.
Blegh, I’m tired of posting the same old stocks ($ARNA, $OSIR) so going with something else today. These picks are ok, but doubt I’ll trade them. After the day I had yesterday at my day job, I doubt I’ll trade anything today other then hopefully close out this shitty short on $HNR. I had good intentions of trading more actively this week, but the way things are going for me now it appears, I may trade even less then the three plays I made last week. Oh well.