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24 May

Midday For May 24, 2011

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So far so good with PAL which is currently trading at $3.64 just $.01 off my average. I’ll be looking to take profit if it trades up on the $3.80 range today or tomorrow.

11:00am Just took 1/2 my PAL position off the table just in case at $3.55. Still holding half my position and am down about $750 total here. Still hoping to see the $4.00 range in the short term which would turn me green.

NWBO didn’t continue as I’d hoped based on the momentum and price action into yesterday’s close so I took a small loss at $.67 or $.03 off my entry or -$374.

Sill riding GSTP awaiting for the volume to come back. Bids are starting to build slowly which is a good sign other people are looking for an entry so we probably have found the floor here.

I’ll keep you posted here if anything changes as the day goes on. Further midday updates from this point forward will be in red.

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