Richie - CTIC is a very speculative play and thus good to adhere
to your stop. I dumped the pig for a small loss when it couldn't
follow through yesterday. It lost the 9 EMA today and has an open
gap below. These things move on news so anything goes but I only
play them small and don't like holding them unless they are
performing. I can always re-purchase if price action warrants.
Richie - CTIC is a
CTIC and the right stop
Posted by steve on 24th of Jan 2013 at 04:10 pm
Richie - CTIC is a very speculative play and thus good to adhere to your stop. I dumped the pig for a small loss when it couldn't follow through yesterday. It lost the 9 EMA today and has an open gap below. These things move on news so anything goes but I only play them small and don't like holding them unless they are performing. I can always re-purchase if price action warrants.
i dumped mine when the right shoulder formed
Posted by roger on 24th of Jan 2013 at 04:12 pm