3/7/14

Good day of trading.  Closed out some positions and had a good runner.

Sold VEND early in day.  Got a quick short squeeze and sold in their panic.  Timed it pretty well as the highs of the day were not much more.  Glad trade worked for me, was worried knowing my position was against Tim going into the close.  Glad he closed out and his followers closed early today for me to sell with.

Big trade of the day was THTI.  Went in big and was rewarded.  THTI was in breakout when I bought and this sucker ran for me.  Took half out of trade when I saw my gains.  Smart move as it had a weak closing.  I chased to remove more risk near end of day.  Still have around 600 shares long.  Hoping momentum can continue into Monday.  If not have a cushion to sell remaining shares for profit.

ARTX-very emotional about this stock today.  Started breaking out, then had big pull back and then breaking out movement again.  I sold near the top of this in new highs, glad it worked.  Then the stock shot down, big investor must have been getting out.  This hit a sell order I put in as a stop loss, to make sure I had profits from trade.  So now I am short on this stock overnight/over the weekend.  Not happy about this position.  Spike down went to my order then right back up about $0.20.  Hoping this stock does not release anything new over the weekend.  They have had good news recently.  Chance I get really lucky and this news wears off, but doubtfull as it pertains to a breakthrough in batteries.  Need to flatten early monday, debated about using a day trade on this but indecision was my decision.

HOTR-company owns rights to hooters and is going to be expanding world wide.  Good seeking alpha articles about it and hype seems to be good for this play next week.  Only some of my shares filled at very end of day.  Was hovering around 5.00 most of day and I got some fills at 4.88.  Excited about by entry price.  Should get a good gain from this.  Love me some hooters.

Good day overall.  Just mad about the ARTX fiasco and end of day selling from THTI hurting my gains.  Should have been a 1k profit trade on THTI- I had this target in my mind and when it was obtainable I got greedy.  Need to grow account more to have more chances at 1k trades.  Can't be mad about couple hundred dollar trades.  Keep them coming.