Opened WAB short

I had shorted WAB recently and caught a nice move. It attempted to rally but that rally sold off. I sold it short again.

We'll see if it holds the line.

Opened GMCR Short

I went Short GMCR today @ 142.72.  I love this as a short set --- sharp decline-- failed rally up to the 50 MA and more selling.   The 135 gap is very likely to fill and possibly even the gap at 116 as well. 

Stop @ 50MA

Opened Short TSLA

TSLA is one of those stocks that everyone watches and marvel  at how high its gone.  I've tracked it for a long time.  I was less than impressed by the all time high it made on lower volume. And noted my charts at the time.  

TSLA has since made a higher low and now again another higher low. As the selling is increasing with volume to the downside I entered my short.  If this works, It will work remarkably well.  If it doesn't, I feel the risk here is manageable, but the trade favors the bears here.

Closed VGGL Short

My VGGL trade played out as planned.  After a short morning push it faded throughout the remainder of the day.   I placed a buy to cover at 3.05 which was filled.

Entry: 3.43

Exit: 3.05 +11%

.5R

I did not put a lot of size on this trade as I shorted the fade on the initial day's move.  That can be somewhat of a risky strategy but I felt that the close was weak enough after a huge move to warrant a short position.

Open Swing Trades: AGIO, P.

I opened up two swing trades today: one long, one short.

AGIO.  This is a Chart I've been watching for a week or so now.  It has that great flag after running up.  The market pull back did not touch it.  Although it's previous breakout out attempt failed. I felt that this on was A go.  Bought 65.75, Stop 63.75.  Multi-day moves have been rare these days  Continuation Anticipation trades but this looks as good as any.  I just wish it had more volume.

P: This is what I look for in a short.  A solid down trend.  The 13 MA is tracking it well which means the selling is relatively quick.  Then a bounce back up which initially fails. I took this at the end of the day @22.22  stop at 23.05

OBCI Short. An odor removal for Homeless Shelters becomes a Ebola Momo play

OBCI a company that makes a Chlorine Dioxiode disinfectant and is capable (like hundreds  of other products) Lysol or bleach of killing viruses.  It ran on Ebola Fever.  I shorted it at 5.33, it then proceeded to fall:

To suggest that this is an ebola play shows a total lack of due diligence.  They bought Performacide for 150K two weeks ago.   The active ingredient in Performacide is chlorine Dioxide.  Chornine Dioxide is a chlorine substitute, which was discovered in 1814. It has been used since 1944 to kill pathogens.

Anyway, OBCI bought out its partrner for 150K and now has the rights to the Performacide name.Just last year Performacide was being market to residential cleaning and odor removal applications... and to homeless shelters:

"INTENDED USERSHospitality and rental property owners and managers, maintenance and housekeeping personnel, house renovators, home owners, fishermen, hunters, homeless shelters, and anyone with mold or organic odors to eliminate.

Now its true that Chlorine dioxide can kill viruses. As can bleach. Nonetheless, OBCI puts out a misleading press release that suggests that the CDC approved its product to kill Ebola:

"The CDC recommendations include use of a U.S. Environmental Protection Agency (EPA) registered hospital disinfectant with a label claim on non-enveloped viruses (such as norovirus, rotovirus, adenovirus and poliovirus) for surfaces in rooms of patients with suspected or confirmed Ebola virus infection." 

Yes, the CDC does recommend using Disinfectants where Ebola --or any other viruses has been suspected or confirmed.  The CDC's actual comments were as follows:  

"Although there are no products with specific label claims against the Ebola virus, enveloped viruses such as Ebola are susceptible to a broad range of hospital disinfectants used to disinfect hard, non-porous surfaces. In contrast, non-enveloped viruses are more resistant to disinfectants. As a precaution, selection of a disinfectant product with a higher potency than what is normally required for an enveloped virus is being recommended at this time. EPA-registered hospital disinfectants with label claims against non-enveloped viruses (e.g., norovirus, rotavirus, adenovirus, poliovirus) are broadly antiviral and capable of inactivating both enveloped and non-enveloped viruses."

OBCI's press release continues: 

 "The EPA has accepted labeling for Performacide^® claiming effectiveness as, among other things, a viruscide against the non-enveloped viruses referred to above, as well as other viruses, and a disinfectant against a number of different types of bacteria."

Yes, Performacide is a virusicde which the EPA lists as approved --on page 65 of 65-- along with 800 other products.  In other words, there are hundreds of competing products for disinfectant uses. Nonetheless,  some people have interpreted OBCI's press release as stating that OBCI was THE company the CDC and the EPA approved to fight ebola.  OBCI's website is telling.  They make products for boats, jet skies, law mowers. Nothing that exactly says we are at the forefront of disease prevention