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Re: kingu1ysnmbr1 post# 41

Wednesday, 12/17/2014 4:55:15 PM

Wednesday, December 17, 2014 4:55:15 PM

Post# of 1193
Damn man thats alot! Wtf was ur principal? U said u got in 13.7 , so if ur out at 16 thats a 15% loss. Damn u musta had over 200K on margin? Shit man haha. Maybe try putting that long now with a tight stop around 16 area, maybe make some back.

I tried to short YNDX yesterday, one of the big russian stocks, on the ruble crash news. Got in at just under 16, lile 15.8, with 30K on margin, it was 2K shares- it ran up to 17.5 n stayed abovr 17. Today it reached 18. I took a 5K hit alrdy and got scared and covered at high 17s thinking break above 18 n run to 20. Covered and went long. Hoping it reaches 20 n makes ot back. I shuld have known, it was such an insane dip in such a short time, others saw it as A chance for super cheap shares. Got short squeezed real quick n now im holding the bag. Hoping for a recoery for he ruble soon now that im swinging the other way lol!

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