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6 Jun

Midday for June 6, 2011

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Lots of action and that’s the way I like it! I have 4 positions active right now.

Sold MSMY this morning for a small profit. Might still reload but the lack of volume concerns me and I’m not looking for another GSTP.

5k LQMT at $.54 after selling 5k back at $.51 due to the lack of continuation liquidity. Still up quite a bit from my $.50 alert and I’m looking to sell my shares into any buying.

10k HOTM at $.80 with a goal of $1.00 this week. Bidding 10k more at $.77 if it dips.

6k CNTF at $4.62 and I’d like to go longer term on this but it keeps shooting itself in the foot each time it bounces. Company reiterated Q2 outlook so we’ll see if that’s enough to turn this dip.

Same story on GSTP. Sitting on 91k shares at $.15 and looking for volume.

 

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