Wednesday, December 23, 2009

Tim Sykes' IFNY trade, Dec 21, 2009

IFNY day chart Tim Sykes trade
This is Tim's second trade in this stock in December (see the previous one). Again not sure whether this is a long or short, but judging from the posts on his site (responses from TimAlert subscribers) the sentiment was bullish this time, and the trade idea was out already on Friday. Tim bought at $1.85, sold at $2.17 -- a profitable trade.

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