Monday, January 11, 2010

Tim Sykes' ICXT trade, Dec 31, 2009

Amazing but according to Tim, this was a long play. I understand this could be a play on the security paranoia gripping the US following a recent incident (the company has to do with airport security) although perhaps not after three days of gains in a row. Equally amazing, Tim managed to squeeze a profit out of this trade: bought at $9.91, sold at $9.98.

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