Tim Sykes' CDII trade, Jan 21, 2010

Tim keeps shorting CDII based on fundamental conviction, and this time possibly adding the fact that the previous day was a relatively strong downward move coupled with an up-tick in volume. This is the second CDII trade I record (here is the first one). He sold short at $2.14, covered at $2.16.

Tim Sykes' CDII trade, Jan 8, 2010

This Tim's trade must have been an unsuccessful short trade. In the log on his site, he has dated the trade by Jan 8, with the buy level at $2.24, sell level at $2.12 -- so this was a loss. Now the $2.12 does not fall into Jan 8th range, therefore I conclude this was a short sale made on one of the previous days -- most likely, Jan 7th. It looks like his reasons to short were more fundamental than technical: the stock did not crack on Jan 7th.