Archive for June, 2009

Sold CCO @ $4.87 For 2.6% Loss & PRGN @ $5.36 For 7.6% Loss »

CCO
I could have got out with a nice gain (~12%) but instead I’m out with this 2.6% loss on CCO. When doing this sort of short term swing trading it’s all about timing and my timing was very bad on this trade.
PRGN 
Eh. I lost a decent amount of money on this one.
I’m Out
I’m leaving […]

Bought CENX @ $6.39 »

CENX is only up 1% today but it’s passing through it’s 10 day SMA and what this means is I’m getting it at a very good entry price if it does take off. It also seems to have a lot of support and it’s big resistance point is at $8 which would be a very […]

Bought CCO At $5.01 »

I can only buy stocks over $5 using margin with SogoTrade so I jumped on CCO as it went over $5 as it’s been going up all day. It’s already up about $1.50 / 40% and I usually stay away from stocks with that kind of gain, but from what I’ve been learning following Tim […]

Bought PRGN @ $5.80 »

I bought PRGN @ $5.80 on double margin using over half of my total account’s value. It appears to have resistance at about $6 so I’m hoping it can break through that and give me a huge pop.
Of course I know you’re not supposed to play on “hope” - Timothy Sykes advises to play after […]

Sold SLG @ $25.08 For An 8.8% Gain »

SLG went as high as $26.47 before sliding back down to the $24.60s region. It went up before the close and I sold it at $25.08 because I think it’ll probably drop tomorrow. The overall trend is still going up and if I was a longer term “investor” I’d probably hold it. But I’m more […]