Bought MTW @ $6.52
By admin on May 20, 2009 in buys
I bought MTW @ $6.50 … my first pick from my new screener (which is basically like my old screener except for looking for stocks over $5.)
I’m heavily leveraged on this pick so my risk is pretty high. I am in for 850 shares which basically means each penny moves me $8.50 up or down.
I’m looking for a gap up tomorrow morning. Most likely will try to sell it tomorrow morning whether it’s up or down. Although I’ll hold if it’s shooting straight up of course.
Looking at the candlestick for today, it is a doji, hard to tell if it is going bull or bear… Good luck on this one!
kenn | May 20, 2009 | Reply
Dumb trade. I got killed on this one.
admin | May 21, 2009 | Reply
Well, knowing when to fold and keep your money is also a strategy. I often forget about that…
kenn | May 21, 2009 | Reply