Monday, December 21, 2009

Tim Sykes' BIOF trade, Dec 7, 2009

BIOF day chart Time Sykes trade
This trade was a loss; technically (with the benefit of hind-sight of course) I don't see a compelling reason to short this stock on Dec 7 -- it's not clear though that this when the short position was opened. It's possible that the short was opened the day before. According to Tim's log, the buy level was $3.06, sell $2.92.

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