Update: FCX, DO, AIRN, ICE, CPST

Posted on October 3rd, 2007 in Long Trade, Stock Market | No Comments »

FCX -Freeport McMoRan went down today because spot gold lost $14. FCX did not break the low of yesterday and was on loghter volume which is good.

CPST - Capstone Turbine I was stopped out at 1.17 and did not get back in the trade. The good news is that it hit my target price of $1.12. The bad news was that I forgot to place my order in……..

ICE - InterContinental Exchange is still holding strong with a current unrealized profit of 11.8%. I still think this will go up to $165.

DO - Diamond Offshore, still in trade at $111.52, it formed a bullish hammer which is positive but let’s what the action in the morning as I think oil prices might go lower since the US dollar bounced higher today which is why gold traded lower.

AIRN - Airspan Networks entered at $2.55 this morning.

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Update: CPST, CMGI, TGB, ICE, DO, USU

Posted on September 26th, 2007 in Long Trade | No Comments »

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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Trade Updates: CMGI, TGB, CPST, ICE, DO

Posted on September 21st, 2007 in Long Trade | No Comments »

CPST - Capstone Turbine, I got stopped out of CPST at 1.17 for a 6.36% profit (bought at 1.10). I like this stock and I’m looking to re-enter at $1.12 where it might touch the lower trend line.

CMGI - Still in the trade (bought at $1.50) with an unrealized 7.33% profit currently, still targeting $1.66 as first target volume is increasing.

TGB - Taseko Mines, I forgot to mention this but I enter the other day at $4.68 as my gold play riding the trend. Currently up 6.84% . First target is $5.10.

ICE - InterContinental Exchange, still in trade and down a little but so is volume so no worries here.

DO - Entered into Diamond Offshore yesterday at $111.52 and is currently at 114.83 for 2.95% unrealized profit.

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