$2k Profit for Sykes on $CLWT
The TIM account has reached a milestone, now breaking $100,000. Congratulations! Euro Tech Holdings Co. Ltd. (CLWT) proved to be a great play call for Tim. Sykes called this one out in his morning watch list which should have prompted TIMalert subscribers. Here’s what he had to say in early morning hours of Wednesday:
Euro Tech Holdings Co. Ltd. (CLWT) if this didn’t collapse 15%+ in the last hour fro the low 4s to the mid 3s, I’d say this would be my #1 potential short
Tim executed his short in the late afternoon in the mid 3’s after seeing a day long fade. His was looking to cover in the low 3’s where he saw support. And wow did this one tank fast. Maybe the best part of the trade was displayed in his adherence to discipline. Vowing to cover in the low 3’s, he did just that, and it paid off.
Here’s a chart showing off how Tim quickly realized his $2,000 gain. Cheers to those of you who also pulled the trigger.
