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$tocker > Trade Notes

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5 Day 0.26%
15 Day 2.21%
1 Month -3.70%
3 Month 21.06%
6 Month 52.17%
1 Year 65.03%
As of: 11/20/09
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Member since: Jul 08
$tocker: Trade Notes

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Trade

Bought 100 shares of TITN at 24.51

$tocker posted on 08/04/08 at 03:25 PM (Note posted about 1 hour after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 1 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 200.71M
52-Week High 17.00
52-Week Low 7.50
10 Day Volume 182,000
P/E 10.77
EPS (Trailing 12 Mos.) 1.02
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: TITN
Quantity: 100 shares
Price: $24.51
Value: $2,451.00
Stop Order: No @ $N/A
Target Price: $28.50

I think I am going to kick myself for making this trade.  It's not the price point is bad.  It's the circumstances.  I bought the shares using unsettled funds, so I can't sell it for 3-days until the funds settle.  Which means I can't sell it if the going gets good, and I can't stop out if the going get's bad... hmmm

 I don't like trading with greed.  Greed takes you out of the game.  And leaving myself vulnerable is not my style..  but c'est la vie.  

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Posted by $tocker on 08/04/08 at 03:25 PM

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$tocker

Member since: Jul 08
5 Day 0.26%
15 Day 2.21%
1 Month -3.70%
3 Month 21.06%
6 Month 52.17%
1 Year 65.03%
As of: 11/20/09
How is this calculated?
Trades 55
Trade Notes 11
Blog Posts 2
$tocker
Posted August 05, 2008 (08:11AM)
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User Avatar Brokerage Account

$tocker

Member since: Jul 08
5 Day 0.26%
15 Day 2.21%
1 Month -3.70%
3 Month 21.06%
6 Month 52.17%
1 Year 65.03%
As of: 11/20/09
How is this calculated?
Trades 55
Trade Notes 11
Blog Posts 2
$tocker
Posted August 15, 2008 (01:23PM)

Ok I now have my stop loss and Sell price setup.  Now I can breathe...  I was wondering why it TITN was going to such ridiculous levels.. and I found out that the stock has:

TITN $ 22.54
Titan Machinery Inc.

  • Shares Short 5,149,100
  • Days To Cover (Short Ratio) 10.6
  • Short % of Float 43.53 %
  • Short % Increase/Decrease 14.33 %
  • % from 52-Week HIGH ( 34.49 ) -53.02 %
  • % from 52-Week LOW ( 9.18 ) 59.27 %
  • Shares Short -Prior Mo 4,503,900
  • Todays Trading Volume 258,532
  • Avg. Daily Volume 485,600
  • Volume vs. Avg 53.24 %
  • Outstanding Shares 17,632,184
  • Float 11,830,000
  • SI Record Date 2008-AugA
  • Exchange NAS
So I think that says it all.  It's being heavily shorted, and with 43.53% of the float shorted there must be alot of naked shorting going on.  ...
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