Monday, November 9, 2009

Tim Sykes' DDRX trade, Oct 30, 2009

DDRX week chart
DDRX day Tim Sykes trade
For the story behind Diedrich Coffee, read Motley Fool. The big picture of this once penny-stock is illustrated by the week chart. Tim decided to short DDRX on Oct 30 apparently following the news and the technical indications of a crack in the stock the previous days. According to the data on his site, his sell (short-sell) price was $25.70 and the buy (cover) price was $26.53.

No comments:

Post a Comment