Tim Sykes' PEIX trade, Jan 14, 2010

This is a bet on the continued downward trend in PEIX after the convincing move down the day before and an opening with a gap down. According to Tim's log, he sold at $2.05, bought (to cover) at $1.96. Tim was able to time it accurately on the way up as well as down.



By the way, the longer time-frame chart puts the stock into the stair-stepper category.

Tim Sykes' PEIX trade, Jan 13, 2010

Predictably, this was a short. The stock had had 4 consecutive days of strong gains. According to Tim's log, the stock was sold at $2.27, covered at $2.19.

Tim Sykes' PEIX trade, Jan 12, 2010

I understand this was a long, based on strong momentum. Buy the way here a reduction in volume on January 12 is followed by a red candlestick next day. By the way Tim's fraction of the price action (bought at $2.31, sold at $2.35) looks tiny in comparison with the stock moves.