Great thread! Curious - what broker do you use & were you able to get CLNT online or did you have to call your broker?
@AverageJoesTrades Thank you for answering. Fairly new to shorting & trying out TK so didn't use Etrade today & just off phone with them & found out that they are a "self clearing" brokerage so they had none which means i probably should stick with Etrade for shorting.
@fireopal No problem. I find that E*Trade has the most available shares to short, 2nd to Interactive Brokers.
late post, but covered my shorts today before market close: MTBC @ 3.43 - LOSS 12.8% CLNT @ 5.12 - GAIN 13.2% MKND @ 5.56 - GAIN 7.5% CLSN @ 5.05 - LOSS 31.5%
Closed my 4 shorts before the market close: SRNE @ 2.55 - GAIN 16.1% CASI @ 2.38 - GAIN 13.4% INFI @ 2.44 - GAIN 23.4% TRXC @ 3.09 - GAIN 6.5% Batting 6 out of 8 with an average of 4.475% gain over the last two weeks.
closed my shorts before the market closed: SRAX @ 4.60 LOSS 21.4% PRAN @ 3.15 GAIN 11.1% DEST @ 2.74 GAIN 5.5% VKTX @ 2.59 GAIN 10.8% 9 out of 12 Positive for an average return of 3.48%
4 New Pairs of shorts for Trading at the open this morning: VISI @ 3.97 LPTH @ 4.03 XNET @ 10.00 NEOS @ 10.34
I've completed my walk forward analysis on this strategy from September 2017 to present which has resulted in a 61.8% capital increase. I will be deploying $10,000. I will only be trading half my capital to account for margin requirements/stop losses. The capital will be spread across 4 picks each week. I will update each week with picks - trades will be completed through E*Trade.
