Wednesday, March 14, 2007

Plays for Mar. 15

Two long and one short for tomorrow.

Long:

FSYS 18.30 has dropped over 16% last two days on no news

UPBS 1.24 otcbb

Short:

BTEM 1.38 otcbb


I have entered trade trigger to buy limit 330 FSYS when it is at or above 18.33

Trade trigger apparently is not available for otcbb stocks.


Today's trades:

At 10 minutes before the close I covered WAVX @ 2.50 for 9.5% and covered AMRN at 2.85 for 1.7%.
Even with the lousy fills, I must say I'm quite happy with the first trial run using trade trigger.
I will be putting on full positions once I get a few more trades under my belt.

CLAY from yesterday, bounced 3.7% today.

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