Sunday, November 11, 2012

The Negative Report Play

On November 9, 2012 at 11:16 AM, Infitialis published a negative report pertaining to BNNY. Based on the effects similar reports have had on the related stock's price in previous cases, I decided to enter a short position as soon as possible once I knew the ticker. Using BookTrader at Interactive Brokers gave me the best opportunity to get my entry order filled quickly. In 34 seconds I was able to lock in a profit of $282.

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