Monday, November 23, 2009
Profile Review
As of today (Monday Nov. 23) we are ranked 296 of 961, we dropped more than 100 spots. For the week of November 16-20 we short sold 200 shares of Procter and Gamble for $62.38 a share and commissions cost us $249.85. We chose to short them because they were way down and we thought they would keep going down, but today we looked and they went up. Our total equity is $99,742.84 and we have $30,707.84 left to spend as of today.
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Glad to hear you tried to short sell, watch the price and figure out what price you need to buy back to make even (include commission price of selling and buying).
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