Tim Sykes' QXM short trade, Nov 6, 2009

This is an inter-day short trade. According to Tim's notes on his site, the date of the trade is Nov 6 but judging by the price level (bought at $4.31, sold at $4.80), the stock must have been sold short a day before. That day, Nov 5, was indeed the day stock cracked but Tim's stated sell price indicated that he was part of the action from the very beginning. With no easily found news related to the stock during the time period, this looks like a masterful trade. It is interesting that he has executed a long trade in the same stock just the day before.

Tim Sykes' QXM trade, Nov 4, 2009

I continue recording and researching trades published by Tim Sykes on his site for fun and self-education. QXM was bought on Nov 4 at $4.61 after two consequitive days of openings with gaps, sold on the same day at $4.89. This is one of those numerous cases when the stocks start to "get noticed" for no apparent reason -- I was not able to identify surfacing of "news" related to the company last week when the stock began moving. Checking e-mail spam could be a good idea but I am just beginning my research in how to implement this technically.