Wednesday July 13, 2011

75k XSNX at $.07, currently $.09, goal $.09 – $.10, stop $.06. Up $1,256 so far and I’d love to get $.10 on this one soon.

10k PPRTF at $.60, currently $.607, goal $.80 – $.90, stop $.50. This was a bid buy.

Short 2k ZAGG at $12.77, currently $13.16, goal $11.00, stop $13.60. I suspect lots of shorts covered today which lifted the price. Quite a few bad reports circling this company, we’ll have to see if that’s enough to land me a winning trade.

Short 20k POTG at $.80, currently $.82, goal $.60, stop $.85. Jumped in POTG right at 3:59 because I think today’s sell off could mark the end of this one. Dip buyers had a hard time holding it above $.80 into the close so I’m hoping for a spike and crash. I’ll look to add 10k – 20k shares on a spike tomorrow morning.

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JB – I can’t even believe how much I’ve learned trading with your community for the past year or so, and after all this time I’m noticing the training is becoming second nature instinct in how I trade. Thanks!~ Mark A.

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