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26 May

Midday For May 26, 2011

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It’s a battlefield out there and we’re getting better everyday. All that matters here is learning from mistakes, repeating success and making money. I’ll be doing class tonight on the three technical indicators I use, be sure to join us if that’s new to you. Here is the breakdown from this morning, it’s been an exciting day so far.

I sold all 10k COOL early on around $3.00 per share or a $.35 cent gain per share. I took the first 5k block before $3 and the second 5k block after it broke $3 but started to test it as support.

I sold all 5k USAT for a nice profit at $2.51 when it started to dip and actually just bought 5k back at $2.53 because the $2.50 range is acting as good support. I’ll buy another 5k at $2.42 if it dips and play a hopeful run into the close. Chart still looks great here so I’m excited to see what USAT can do in the short term.

I sold 1/2 or 2k MOBI for a $1k loss at $8.62 and am holding the other 2k at  $8.62 per share of about a $200 profit right now. Will add more if it dips to $8 or sell in the $9’s as of right now.

Still holding 5k PAL at $3.55 and 75k GSTP at $.153, nothing new to report on either or those.

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