THST trade for 12/3/2015

Posted By JM on Dec 3, 2015 | 0 comments

$THST (Truett-Hurst Inc - a retail wine shop) shot up +200% in just 30 minutes on no news so we decided to short it. Unfortunately we were not able to get our locate on the stock until it already -35% from the highs in just a few minutes so we were not able to get a short position off above $4. Cautiously scaled into the short position and sold on the way up and eventually rode it all day down into the close and covered. This trade is not a big winner but we are posting it up to show you that it is very possible to make great money on small dollar-sized positions. Cases like this do not come often but when they do it's time to bank.


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