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Thursday, March 11, 2010

one week left on current trade


The stock is currently trading at a level that would require it to fall 20% from its current price in order for it to fall below the strike price. The technicals are very strong with positive volume leading the way. The stock has traded at least twice the daily volume every day this week during the continued run up. Earnings are to be released next week.

- This information is not to be used as a recommendation to buy or sell. It is simply information (and sometimes opinions) given to the reader of this blog. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains occurred from trades that use its material.

- The account does not fully divulge all information on open trades. This is for protection of 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, 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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