Ouch!

We got crushed yesterday. Like many others, we bet that the market would get slammed yesterday and got completely run over! We should have just stayed in Groupon. Dumb move. It wasn't that we lost the bet that irks us, it's that we got so greedy. We wanted the 100% return this year and we went for it. The trade was dumped at $8.03 from a cost basis of $9.09. We bet big. We lost all our profit from last week that was made on Groupon. Still up 32.19%  for the year and in %100 cash. We could have cashed out with a 76% gain for the year; but, wanted to go for it. This account is used for aggressive speculation, not portfolio management (that's too easy). Stay tuned for the next play.

Tesla: Update

We still have not purchased any shares since we sold them at $194 earlier this year. $120 was our initial target for re-entry; however, we got a little greedy trying to go for $108. It jumped so quickly that we decided to play Groupon. We will be tracking the trade for an entry point. Stay tuned.

Trade Alert: Short-term Market Top

We are betting on large swings in the market going into the end of the year. We have aggressively been purchasing TVIX today. Our cost basis is $9.09. This is the best formation we have had all year in this ETF. Check emails for report.

GROUPON: Trade Alert:

We sold today for $10.31. Why? When you are up 14% in 5 trading days and your trucks are loaded to the hilt on full margin, you cash out! It was one of our best profits of year (70,000 Cash Units and 140,000 Buying Units). We love the story and we are good at trading it. One of our golden rules is to find stocks that you can trade them as if you are the market maker and collect the easy money. We will look to rebuild our position in this stock as quickly as possible once this rapid gain consolidates again or stabilizes. Check emails for report.

BUY ALERT: Groupon!

We had the trucks all backed up for Tesla and decided to use them for Groupon yesterday. We loaded up at  $9.11. It was not our intention. We were waiting for our price on Tesla and we just could not help ourselves. We love the story and we love the technicals. Check emails for full opinion.
Target continues to be $16/share.