Kerry57

[TimChallenge] $FRBK was up on the news of a new CEO but the jump was too much based on the research I found (the stock was valued 3.70-6.00) so I waited for the first red day (Pennystocking 1) and shorted it after it peaked at 7.50 resistance. Thought I read it right but OTHO it's a bank and I seem to recall Tim not playing banks very much. This is where a mentor would be great--to review my logic and learn from his experience and the charts I read.

Kerry57

[TimChallenge] Well it's official. First trade as a challenge student was a loss. Shorted $FRBK on first red day, looked good this morning for a while then it went rg. Got out quickly with small loss. Live and learn.

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