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Saturday, February 6, 2010

current trade 6 weeks to go


There was a little selling pressure this week as the markets took a dive. But the trade is still in positive territory. The stock would have to fall 8% from its current price to get to even on the trade.

There is a conference that that the company is participating in next week. So there could be some movement based on news.

Earnings are normally around this time in the quarter.

- Opinions are given on this blog. Before investing, please consult a financial professional. This blog takes no responsibility for any losses occurred from trades that use its material as a basis for the trade.

- The account does not fully divulge all information on companies that have open trades. This is to protect current 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, etc.) Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. If you have any info regarding call selling, be sure to comment or send an email.

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