Hello - I saw your blog post and was wondering if you had any insight on what might cause it to go up by such a fashion it did today...I got it at 1.78, so i am very happy today...but am curious, should i still hold onto it long because the jump it did today was a freak accident given no news came from the company? Or if i should sell and be happy....i am not basing a decision on what you tell me, just was curious what other people might think
you could place a trailing stop to protect your profits. Technically the stock has broken out and could go higher at this point but if you want to protect profits use a stop.
3 Comments:
Hello - I saw your blog post and was wondering if you had any insight on what might cause it to go up by such a fashion it did today...I got it at 1.78, so i am very happy today...but am curious, should i still hold onto it long because the jump it did today was a freak accident given no news came from the company? Or if i should sell and be happy....i am not basing a decision on what you tell me, just was curious what other people might think
Thanks -- Abe
you could place a trailing stop to protect your profits. Technically the stock has broken out and could go higher at this point but if you want to protect profits use a stop.
No news?
NY Times (March 5, 2007)
http://www.nytimes.com/2007/03/05/business/05oil1.html?_r=2&hp&oref=login&oref=slogin
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