Wednesday, February 29, 2012

Stopped Out

These three equities ended lower for the day. RES just barely tripped the trailing stop loss trigger before moving higher, closing out at -1.4%. My LGF position closed out at +11.8%, and the FTK position closed out at +7.0%. While there's no shame in taking a profit, the risk adverse trailing stops will probably cost me money on the last two.

I also bought April call options on speculative medical play ABMD.

SPRD was up 8.3% today, MPEL was up 4.3%. Watchlister GTLS was up 7.1%.

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