Bought CAR @ $3.22
By admin on May 14, 2009 in buys
I’m already second guessing this one, I bought it at $3.22 a few minutes ago and right now it’s at $3.18, it seems like it’s got a decent amount of room to move up but it also looks quite dangerous because it’s tripled in the last month.
I’m probably going to have a pretty quick trigger on selling this if it shows signs of fading. I don’t want to hold for a nasty loss like I did with ACLS (when I lost 18%.)
Right now it’s at $3.27 .. I don’t like doing this but I think I’m going to set a stop loss at the break even point ($3.22) because I’m going to be away for the afternoon and I don’t to be caught with a big loss in case there’s a big drop.
admin | May 14, 2009 | Reply
I ended up getting stopped out of this for a small loss while I was out.
admin | May 14, 2009 | Reply
I also have to remember that counts as a day trade… I can only make 3 in any 5 business days.. The 4th one makes me a “pattern day trader.”
admin | May 14, 2009 | Reply