NICE GAIN ON $YOD TRADE
As I mentioned yesterday, I thought that $YOD was a nice pump job and ready for a quick short. As of this writing, the stock is down a little over -9%. I would take profits at around 5.00-5.10 (stock price), or half profits and see if it ends up breaking below the 5-dollar mark.
Here is the link to the post from yesterday: Eyes on the pump in $YOD
Update (1:45pm EST) – After bouncing directly off of the 5.00-5.10 mark the stock has shot up almost +30%!! Taking profits at key-levels, early on these pumps is key to not finding yourself under a steamroller