5/5/14

Would have to check how market indexes did today.  Was too concerned monitoring my positions and making a dumb mistake.  What was supposed to be the next big pump was released last night and in play today.  This is PGFY.  I bought in late to this twice.  First time was at a much better price.  Got a decent gain then started to turn against me.  This is when I got stopped out.  Not much later stock paced my original target.  Sucks to have played bad, but good I had a profit.  Then later in day I bought again and am still holding some overnight.  This is bad bad bad as it has been crashing into close.  Also got shorts in it like Tim.  Never good to be on the other side of a trade as him.  His record/stats speak for themselves.  Have to hope this is part of the 25% he is wrong.  This was supposed to be a huge pump.  6.5M should go further than one day.  I am not good at playing pumps (this is one of the few I've attempted) but hoping they can run it back up for me.  Will look to sell fast if turns profitable.  Definitely can not trust a manipulated stock like this.  Promoters try to run over people like me, inexperienced traders.  I did not sell but the big block seller in PME has now been taken out.  Stock is now right about where I bought and more or less even.  I do think this still has potential to run up a little.  I see new buying building up and there is a big block right at 3.00.
Still need to sell my positions in PME as mentioned earlier and WATT.  WATT likes to dip middle of day and come back in afternoon.  Hoping for a quick pop to hit my target and I will be out.  Just waiting on that quiet period to end.  They announced a new board member today, which did not really effect price.  Also still holding onto JASO, which is not looking good for me.  My wins have been small and conservative, while my losses like this are large and spin out of control.  JASO also has a conference call on Wednesday, thinking I will close out before that.  Obviously need to be on the line if still have a position.  Will look to trim down a little tomorrow.

day trade PGFY-in and out relatively quick.  Price started to turn against me and hit my stop.  Small profit.

Covered SPWR in premarket, my buy order hit.  Good to wake up to profits.  Could have been more aggressive as it panicked at open buy happy to not have to worry about it.

Still need to look for more short setups.  Very high win % on shorts so far.