iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

Short MELI

Hat tip goes to Gio.

Short MELI @ 14.70, very tight leash, stop at 14.85

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11 comments

  1. bad call…meli currently at 14.88

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  2. Gio

    Man, MELI is so gay today. Who recommended this! LOL. covering 1/2 just to let u know. -2%. 🙁

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  3. RaginCajun

    I’m still in it, market rolling over. It will follow and I will thank Gio for the extra coin.

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  4. RaginCajun

    covered @ 14.96

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  5. GIO..THIS IS FROM your post….smart call because this is excatly what happened…

    “What if volume just increases throughout the day as longs jump in over and over? Then I will probably get long Ags, short EEV, long TBSI or FSLR, and get long retail” I went long 10,000 shares of TBSI when market opened at 4.88..currently at 6.10 :$$$$$$$$$$$

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  6. Get long tbsi!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! shippers will come around. The girls father who owns this company lives in my hometown (SCARSDALE, NY) and he has been buying up more and more assets (ships) at a low cost and when commoditoes turn around tbsi will be very profitable!

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  7. RaginCajun

    USO trying to break high of day.

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  8. Goldie

    My DXO is humming!! Bought some this morning for the IRA Acct.

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  9. MELI 16.03!! i hope u covered your other 1/2 shorts GIO

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  10. Gio

    Yo dude, I covered that mess (MELI) a long time ago (see stockTwits). 1/2 then 1/2 again when momentum picked up, once under 15, and the other at 15. I admit defeat on my latest post. Shorted MELI at the close for a swing trade though, above 16.

    How dare you run off with TBSI without me. Man you made some on that one! Sheesh.

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  11. haha, dont sweat it Gio, it was all thanks to you so you deserve most of the credit, although i did notice that the baltic index was up hughh so of course TBSI was the way to go…..As for Meli, i entered that short before close.

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