Yesterday I had the pump and dump NXTH on my short watchlist. Luckily Interactive Brokers had borrows this morning, so I grabbed some at the open. The borrows were gone not too long after that.
I shorted at 2.40. It hung around 2.42 - 2.43 for a while, then the dump came. I covered half at 2, and waited to see if it would fall further. When it didn't, I covered the rest at 2.05 for a nearly 19% profit.
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8 hours ago


4 comments:
Are you using Cygroup? Do they allow using IB? Or do they want you to use their own platform?
Yes, I use Cy Group, but I also have a separate IB account. I used my IB account for this trade. I can't trade OTCBB stocks with Cy anyway.
nice trade, James.
Thanks, BC!
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