Friday, September 30, 2016
The first hit is always on the house.
Joined Aug 2, 2009
1,620 Blog Posts

Short Squeeze: ILMN

I cashed out my stake in $ILMN today, much to the expense of a 23% short float and a Friday afternoon rumor of a $88 cash offer. Averaged out at $72, long from $49.

ilmn0510

Don’t worry, I’ll get you on the next one.

If you enjoy the content at iBankCoin, please like our Facebook page

6 comments

  1. ultramarine

    Congratulations! Was it mainly the short-interest that attracted you the stock in the first place? Also, what was your target price prior to the big move?

  2. flicker

    No high fives given until your play is advertised before the results. Just sayin.

  3. Option Addict

    Everything I trade is advertised.

    Listen up.

  4. widespreadpanik
    widespreadpanik

    Nice moves. Watching you closely now.