Thursday, October 20, 2011

Up Down Up

What a ride. DNS +37, -5, +6.

JASO had a nice 24% day on heavy volume. EXM was up 14.3%.

Trades:

OAS hit the trailing stop, +26.0%. ROSE hit its trailing stop, +6.0%.

 GMCR started off the day by dropping 9%. I guessed that the second bottom was the low for the day. Again, this was another stock with a high time premium, so I bought a $60/$65 bull call spread that expires tomorrow. That will be good for 50% profit if it can close above $65 tomorrow (now at $68.09).

Limit buy orders filled for WPRT and GTLS shares, both part of a natural gas for trucking play.

Reversal alerts: (1), junk.

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