Update: CPST, CMGI, TGB, ICE, DO, USU
Posted on September 26th, 2007 in Long Trade |
CPST - Capstone Turbine, after looking at the really low volume on Monday I decided to enter at $1.14 yesterday. My stop is under $1.12 and my first target is $1.28. Volume this morning will easily top yesterday and may go over 2MM shares
CMGI - Well this is why you place stops. After the bell CMGI announced earnings that were disappointing with expense evrey increasing. I got stopped out at 1.40 for a 0.10 loss. I will watch this test the low of 8/10 at 1.28 before I will be interested again.
TGB - Taseko Mines, this traded very nicely and went over my target of 5.10 to hit 5.49. I got stopped out this morning at 5.20 for a 11% profit. TGB may fill the gap down to 5.05 before heading up again. Keeping on watch list as this tests.
ICE - InterContinental Exchange, what a great trade and nice gift to be included in the S&P 500 index which gave it the extra 6% boost. Current I’m up 10% in less than a week. ICE may pullback to $150.00 then try a run up towards $165.00. Again keep stops in place.
DO - Entered into Diamond Offshore yesterday at $111.52 and is currently at 114.83 for 2.95% unrealized profit.
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