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1 Jun

Wednesday June 1, 2011

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First day of June, hard to believe summer is upon us already. Trading seems to slow down this time of year but you can bet I’ll be moving full steam ahead. Heading into today I have two open positions.

GSTP isn’t playing nice but I have not given up yet. My first entry way back when was small so I could afford to average down in case it failed support. I have 25k in my challenge account at $.13 and 65,711k in my main account (25k @ $.21, 25k @ $.12 and 15,711 @ $.115) with an order in to buy 9,289 more shares at $.115 or so. Goal is the same, sell into the next uptrend if and when one takes place.

Still riding MOBI as well even though it hit my first target around $9.50 yesterday. I’d really like to get $10 out of this trade and the chart seems to suggest it’s possibly so I’ll stick around for now. I’m currently down about $700 on the trade with 2k shares at $9.05 from my average up when it was running last week.

 

 

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