Shorting CXRX 3000 shares at $11.20

Discussion in 'Stocks' started by JesseJamesFinn1, Aug 12, 2016.

  1. Shorting this garbage after dividend suspension to see if I can scalp a few dimes.
     
  2. vanzandt

    vanzandt

    No info on this one. What is it? Too bad you didn't see it yesterday huh:sneaky:
     
  3. I will try to get $.45 on those shares, we are now up $.30 if you shorted at the time I posted.
     
  4. vanzandt

    vanzandt

    You're gonna get it.... at least the chart says so. g/l
     
  5. broker wont let me take a short on it:(. hi first post.
     


  6. I've been scalping it all day, don't need to carry stocks like this over to make a good gain. When I shorted the bid was $11.21 x $11.25, stock is $10.70 making this a nice gain on 3000 shares. To avoid getting greedy I shoudl cover at $10.7
     
    vanzandt likes this.
  7. What does the stock do, I have no idea other than they suspended the dividend and its very weak.
     
  8. vanzandt

    vanzandt

    lmao.... well you got your $0.45. Who cares what they do... good trade JJ.
     
  9. Thank you, well have to do another trade together that one was fun. If I see another set up I will let you know. Peace!
     
  10. It might continue to collapse, if it fades hard I am going to pound it again. It looks like a REIT without a dividend if I read that correct. You think BABA will hit $100 over the next week or so?
     
    #10     Aug 12, 2016