Monday, February 29, 2016

02/29/2016 Trade Status for $OCN, $FDML,$FSS, $PTCT

02/29/2016 Trade Status for $OCN, $FDML,$FSS, $PTCT.

I trade a little too much today...

$PTCT. This ticker got beat down very bad so my plan is to short $7.85 with the risk of $7.94, I start in short too soon when market open then decide to hold on to the trade for a while then I have to cover on a big move up pass $8.00 with management small loss.

$FDML is a billionair invest news. I watch premarket action pretty good so when market open I saw it pop and selloff, I start in small 500 shares short at $7.18, didn't crack so I cover and flip long $7.34 then run to $7.73 the fall back. I set my stop loss at $7.50 to let it run but didn't run much then take me out at the stop loss level for small profit.

$OCN This stock was start to slide from $6.12 at premarket. I didn't spot until the afternoon. I start in short $4.52 with the risk at $4.64 if need I can scale up but it drop as my first short entry so I cover some at $4.21 then short some more with house money on $3.94 then cover all at $3.75 EOD.


$FSS down big time, I watch this one all day to crack that line of sand $12.04. I start in short $11.94 didn't get all my share fill so come the drop and come back fill all my shares and just didn't drop again. I waited over an hour but didn't crack. I am not patience so I cover at $12.02. If it didn't go my plan I have to cover...

Today so far still green day with small profit. Steady grind, win the race - Modern Rock

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