Follow Me On Twitter

Please wait while my tweets load...


Posted 7 months, 18 days ago. http://www.timothysykes.com/admin/2008/01/23/took-a-half-position-in-mos-here-at-7215/

Took A Half Position In MOS Here At $72.15

Tags: Uncategorized

Bought 60 shares at $72.15. We got some nice mid-day panicky action here and even though it’s holding near its lows, I can’t help but think this is a double bottom in the $71-$72 range. If it cracks $71, I’ll sell, but I think this can surge to $75-$77 pretty easily if the market tries to make an afternoon rebound. We’ll see, definitely not a perfect play, by any means, and that’s why it’s only a half position…

UPDATE: Sold my 60 shares at $73.24, a nice $60 gain, as much as I’d like to stay in this longer, I don’t trust this market, this isn’t a perfect pattern and well, this isn’t an ideal play because due to my limited reserves, I can’t take a very big position. C’mon gimme some low priced low floater claiming to be able to monetize cloning–now that I would load up on!

Get Tim's pre-market watchlists, real-time trade alerts & access to subscribers-only website all for just $1/day -- sign up for TIMalerts today!

Alternatively, get all blog posts emailed directly to your inbox by signing up below:

Related Reading

    None Found

Add a Comment!

If you want to receive TIMBUCKS, you'll first have to Login before posting a comment. Click here to learn more on the new TIMBUCKS rewards program.

Click here to add images to your comments.

Top TIMbucks

Our top TimBucks earners to date are:

  • Yngvai (593)
  • getshorty (324)
  • JMoates77 (258)
  • YoungGunz (253)
  • ViciousChicken (237)
  • investorslive (224)
  • Fantom (197)
  • Davey (194)
  • ivegotstylekid (189)
  • brent (185)

TIMtrades

Learn from my successes, learn from my failures, learn from TIM. Click here to learn more.

Date Stock Buy Sell Net
Sept 4 COIN $5.70 $6.21 $745
Sept 3 COIN $6.49 $6.30 $305
Sept 3 COINW $2.75 $2.85 $180
Sept 2 TAYD $7.51 $8.13 $545
Aug 18 FOUR $2.80 $2.66 $342
Aug 14 APII $2.66 $3.30 $1261
Aug 12 APII $3.25 $3.40 $285
Aug 7 NOBL $5.02 $5.49 $680

Total: $26,508 (114%)

More

NAVIGATE