Genetic Technologies Ltd (GENE)

[afxm]

I have to disagree with you, the short volume being traded is very low for a stock running like gene has since last Thursday. Up until today the highest percentage of short volume in comparison to total shares traded was 15%. today short volume went up to 18% of total shares traded. The number of short positions being taken is very low for a stock making gains like gene is making.

If the short volume was about 29% or higher in comparison to the long volume being traded then I would keep a very close watch with my finger on the trigger if I were trying to maximize profits from the long side.

I don't have the patience to watch it like that so I put my GTC sell order in when I buy it and make adjustments after the market closes for the next day. That seems to work best for me.

I am Not telling you how to trade so don't take offense...
but if I were up $3K, I would take half of it off of the table.
$1.5k could make a good dent in a home mortgage payment or lien on a new automobile.

BTW... (GENE) gained +0.14 afterhours so you can add about 4% to you $3k profit.
Good luck with your trades.
AFXM