Replies to post #168 on Alpha Natural Resources Inc (fka ANRZQ)

[adeezl]

Excellent trade, I just got my money back and 12% more from shorting ANR/James River/Console. I was a couple days early this week, no biggy. Good times

[manatee]

Very nice profit and well done. But What happened to...


" I for one do not intended to sell my 25,000 until we see $20."


Then you decide to do this:

I sold my position late yesterday at $8.39 for a tidy profit. These huge 1-day run-ups rarely hold. I'm looking for a pull-back today, but will not short it. I am looking at repurchasing around $7.50.


Your trading is fine but don't lead noobs on by saying things like I'm holding till $20 then sell @ less then $10 .

Let's just agree this is not a penny stock and simply call it like we see it without leading the sheep off the cliff.

FWIW, I have no intention of holding this long term and this is just a quick trade play that worked out to my upside.

PS- I sold all my open call options for 2014 and now only hold shares which I have already written contracts on for the premium.

Good luck to us both.