Lincoln Alerts 12.7.12
Well, after a huge week in performance I have to say I dropped the ball Thursday on GMCR. I dominated that thing all day Wednesday for close to 1k in profits and I was holding some nice size short overnight from Wednesday and as soon as the market opens she is just laying there all vulnerable screaming “short me!!! short me !!! short me more!!! so I did. Then as soon as it starts tanking I covered.Lame! A stock that has been up that much in such a short time always has the tankability factor and you should keep some position open for a lotto play. However, even with the early cover there had to be at least 5 more quality short entries that I didn’t maximize. Anyway, whats done is done. Sometimes it works way. As I have said so many times in the past the anatomy of a trade is idea, execution and management. You need all 3 of those component to survive as a trader.