FU Jim Cramer

Quote from pumpanddumper:

So I put a monster short in on CFC mid afternoon at 38.15. She starts dropping and is at 37.90. F'n Jim Cramer opens his fat mouth and says some b.s. about Merryl taking them over. CFC spikes up to my dismay.

I cover at 38.24 and eat a small loss not wanting to take this into the next day. For all I know he talks about it on his stupid show tonight and it goes up in AH and opens higher. Did I make the right call?

Btw, I really hate that guy especially when he affects my picks.
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Just watch the show and nothing can surprise you :)
 
Quote from nassau:

I wouldn't hate myself right now. You did the right thing.
Had a good trade, going your way, intervention, trade now questionable.
when in doubt get out
You handled risk management perfect.
you can always reshort, the experience is the price of a good dinner.
If you were one of my traders I would be saying congradulations
good exit.

w
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Thanks for the support.
 
Quote from pumpanddumper:

So I put a monster short in on CFC mid afternoon at 38.15. She starts dropping and is at 37.90. F'n Jim Cramer opens his fat mouth and says some b.s. about Merryl taking them over. CFC spikes up to my dismay.

I cover at 38.24 and eat a small loss not wanting to take this into the next day. For all I know he talks about it on his stupid show tonight and it goes up in AH and opens higher. Did I make the right call?

Btw, I really hate that guy especially when he affects my picks.
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So your upset about a 9 cent per share loss? Why not give the trade more room?
 
I agree with the above poster. You should think about your exit points, otherwise stop reading the tape. It seems any manipulation throws you out. Good way to loose.
 
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