Greenpro Capital (GRNQ) was the hard-to-borrow (HTB) du jour, doing 172,000 trades and $155MM in volume. I paid between 5.33 and 6.73 cents for the borrow. It gave me a good spot pre-open and it dropped 20% down to the hourly support, but I’m a very greedy guy and was looking at higher time frame targets below. They launched a short squeeze at 11:30ish and I got jammed out (at breakeven thank G-d), which of course just pissed me off, so I had to go back in and re-short it much bigger to get REVENGE. Of course it held just fine, held support all afternoon, just going up up up. Sheesh. I paid an obscene amount in borrows and have nothing to show for it, which oddly doesn’t happen to any service seller. Maybe I’ll GET IT BACK tomorrow, we’ll see.
A lot of stuff was in play yet again (all those stimulus checks floating around out there) … MARK my nemesis, that rotten bastard of a stock, just up up up, ignoring my shorting (184,000 trades $326MM in volume). Traded that at IB and lost a fortune… AGAIN. Maybe I’ll get it back tomorrow. Only if there is a j-st trading G-d.
ESEA I shorted at the brookie, drove me nuts getting partial locates, request 10,000 get 100 it’s like what?!? Cuz it just dings, I don’t look to see how many shares, I assume it’s a full locate. Worked the locate button super hard and was rewarded with an additional 100 shares. ESEA’s a $3 stock, c’mon. Played it greedy for HTF (higher time frame) target and they didn’t come. Yeah I’m greedy.
HTZ BK no borrow nothing at brookie, no play. PHUN woulda been fun but I was busy fighting MARK and generally getting my ass handed to me. MRSN saw it too late. NK saw it, shorted it (at IB), got my ass kicked. Refused to reverse and get long even though it was obvious. Can’t get long.
Bad day, no coin, brah, Negative coin. And Jeebus Christmas you should see the locate fees I generate, just makes my eyes water. Until tomorrow!