Thursday, October 15, 2009
Tim Sykes' NPHC trade, Oct 13, 2009
Here is another amazing short trade. On Tim's site, the trade is entered under October 13 with the "buy" price of $0.59 and "sell" price of $0.71. Looking at the chart, he must have entered the trade on October 12 and kept it overnight. Not sure how he timed the entry. Clearly the stock had a string of bad days in late September--early October while the volume was in decline; there was a new two-week low on a volume spike on October 2, but that's all I can say from the chart alone.