• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • The Cody Willard Show
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Login

Trade Alert: Locking in some profits from our homerun Pandora short

October 23, 2015 by Cody Willard

Not many traders ever get to see two of their shorts down 40% or more in a single week. But with Pandora -35% today on top of the 10% decline it’d seen earlier this week on top of our Valeant short from last week getting cut in half this week, we’re indeed in that position.

In the most recent Latest Positions update, I wrote:

Primary short portfolio
  • Pandora (8) – I’m holding this short steady for now, expecting some ugly commentary out of the company about their struggles in the courtroom over royalty rates in their upcoming earnings report.

We got that in spades today. Pandora’s been my biggest short for a few months now and I’ve scaled into more short exposure in the name a few times over that time frame. For now, I’m going to cover half of my Pandora short this morning.

We’ve also got some big pops in some of our longs today, including Google and Amazon, both up nearly 10% and both at new all-time highs today. Holding those two steady for now.

 

 

  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Related posts:

Trade Alert - Partial tranches (and what happened during the Live Q&A yesterday)
Trade Alert: Betting against this so-called Blockchain company
Trade Alert: Highly speculative BK trade plus markets and TKMR collapses on cue
Trade Alert: Nibbling more of this new name
Trade Alert - Ron Paul, Peter Schiff and a stock market bubble

Filed Under: Trade Alert

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Primary Sidebar

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Footer

Disclosure: The firm in which Willard is a partner and/or Mr. Willard has positions in some of the stocks mentioned on this site although positions can change at any time and without notice.

Copyright © 2021 · Magazine Pro on Genesis Framework · WordPress · Log in