Bought ACLS @ 51.8 Cents
By admin on May 11, 2009 in buys
I bought ACLS @ 51.8 cents (51.81 cents to be exact) just now. It was first on my screener at 48 cents so I could have got a better deal but I didn’t want to make the mistake I’ve made in the past where I missed out on huge plays because of feeling bad over missing the perfect entry point.
This one looks like it could be a huge play today as the volume has already surpassed it’s average and it’s only 9:49 AM.
Earnings were released this morning.
Holding steady at around 50 cents right now. Obviously this isn’t my dream scenario but I want to be patient because I think there’s a decent shot this thing could really pop through the roof like some of my other recent picks have.
admin | May 11, 2009 | Reply
2 more stocks are on my screener: OCNF @ $1.59 and CORS at 88 cents. CORS has already moved up 140% so… maybe be too late on that one, but maybe not.
admin | May 11, 2009 | Reply
I’m getting nervous. It’s down to 47 cents. Of course if I had got in at the right entry point (48 cents) this wouldn’t be such a scary thing but as of right now I’m actually down 9% which is a decent chunk of money.
I hate putting myself in this position where I have to start thinking about cutting my losses. But that’s where I find myself.
admin | May 11, 2009 | Reply
Closed at 48 cents. If this doesn’t pop up tomorrow I’ll be getting quite worried. At the same time, I keep on getting out too early and there does appear to be a lot of support in this area so I shouldn’t be too concerned about it dropping too far.
admin | May 11, 2009 | Reply