Monday, December 21, 2009

Tim Sykes' RWC trade, Dec 10, 2009

RWC day chart Tim Sykes trade
This one just looks like bad luck. Most likely the intention was to short the stock, and the overall trend agrees with that, but the timing looks wrong -- or rather, the stop-loss chosen is too tight for these volatile stocks. Sold at $3.89, bought at $4.12, .

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