Over the past few days, I’ve had problems shorting all these hot energy stocks—mostly because I hadn’t taken my medicine lately—when really all I had to do was wait for them to go negative on the day. (late yesterday afternoon, I made my latest tiny-account-so-I-can’t-risk-any-pain-damn-that-really-sucks-for-my-strategy kind of a mistake, shorting 300 PDO at $26.38, since it took out support at $26.50, and while it quickly tanked to $25.50, I wanted more than 85 cents/share profit so I held and it squeezed shorts like me to $29 this morning—I’d already covered yesterday before the close at $27.50, another $300+ loss uhhhhhhh)

Today was that day. After managing to only gap a tad bit higher, MXC, FPP, PDO, ROYL and about a dozen other of these highfliers just got absolutely devastated. Normally Supernovas tank just a little at first, but an absolute and immediate wreckage like this—all these stocks are down 15-30% on the day—is very rare.

First to go was MXC—nobody could find any shares to short of that one today, but as I saw that falling, I wanted to get it on the action with my 300 shares of PDO that I’d reserved so I placed the order—or rather “Joe” of Thinkorswim entered the order at $29—the guy is the slowest of all Thinkorswim chat representatives (I’ve shoulda planned ahead)(Yah that’s right TOS had plenty of shares to short, all you cheap Jewish fools whining about not being able to short deserve your grief cuz you’re wanting to save $5/trade in commissions make you miss out on ideal shorts like this one!)

By the time slow Joe put the order in, the stock was already falling, so I quickly changed it to $28, then $27, each time missing the execution since it fell too quickly.