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Friday, October 30, 2009

3 weeks to go......

Hey everyone

There are three weeks to go until the November call is up. It looks very likely that the stock will not reach the stock price. The stock right now is pressed to have an up day lately. Volume has been low. It is sitting in a sell range right now.

The future schedule holds that there will be a capital deposit towards the end of next week. There might be an opportunity to purchase another block of shares in this company when the call expires.

- As always, the account does not fully divulge information on companies that have open trades. This is to protect the trade. When the trade on a particular stock ends, the account will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade.

Friday, October 23, 2009

4 weeks and counting

The stock has once again come down very low. There is once again a chance that the stock hits the stop loss level and the account will sell.

The account has provided more capital to the account. It looks like we will be able to expand the trading by the beginning of next year.

- As always, the account does not fully divulge information on companies that have open trades. This is to protect the trade. When the trade on a particular stock ends, the account will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade.

Sunday, October 18, 2009

5 weeks to go.......

The stock stayed put this week. There were large block buys at the end of two of the trading days. I'm not sure how to interpret that. It could be shorties covering. It could also be buyers grabbing some shares expecting some news.

Friday, October 9, 2009

six weeks to go

hey

The stock rebounded about 10% this week on news of a continuation of a partnership deal in connection with a joint product. The stock is still below the strike price. Stop levels are being watched carefully.

There are still results pending on a product testing. Since the partnership is for the same product that is being tested, the announcement of the partnership allows for some optimism about the results of the tests being made. That is probably the reason for the rise in the stock this week.

Capital was also added to the account. If the trade lasts to expiration, it is projected that there will be three more times that capital will be added to the account before the next trade is made.

- As always, the account does not fully divulge information on companies that have open trades. This is to protect the trade. When the trade on a particular stock ends, the account will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade.

Monday, October 5, 2009

8 weeks and counting

Hey everyone

So the stock has fallen very close to its sell stop level. If it ends up closing below that level or takes a hit like the one it did a few weeks ago, the account will sell the stock, buy back the call, and take the loss. But there is a product review coming out in the next couple of weeks. I hope it does before the stock closes below the stop price.