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Shorted NexMed, Inc. (NEXMD) Again
7/6/2010 1:58:34 PM

As you probably know that I made a big trade and profited 5% by trading NexMed, Inc. (NEXMD) this morning. I was watching towards the end of the trading today to see if I get a best price for shorting.

In the end, I shorted @3.75 when it bounced with the overall market. Since it has least hourly volume in the last hour and a very thin volume in the after-hours trading, I would expect that it would tank on 7/7/2010.

Here are the hourly volumes of NEXMD on 7/6/2010

1st - 208,922

2nd - 146,358

3rd- 110,712

4th- 70,130

5th- 144,100

6th- 48,967


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