After-hours trading

CYPH reminded me of all those small biotech stocks, which earlier this year went up 10 times in just a few weeks. But unlike then, speculation is not in a fever pitch now and it is impossible to hold a day after a dramatic increase in the price. With this in mind, I shorted CYPH soon as I could this morning, getting my full first half of $ 10.88, which is an excellent entry. Of course, if I had access to after-hours trading, could have gotten even better to fill. I plan to switch my major to Datek trading account this summer, because I literally walked hundreds of trades, which would have an advantage when performing after-hours trading. In fact, my short term trader friends were stunned that I remained with Waterhouse as I (inertia is a powerful force). Anyway, I shorted more before lunch at $ 10.50 as the stock continued to fall apart. I covered the end of the day at $ 10, do not decide to carry it at night because I felt so terribly thin, and pocketed about $ 650 profit.