Monday, October 12, 2009

Trades for Monday, October 12, 2009

I finally got some action in (RAME), a small cap energy name I have been sitting in at 1.69 since last Tuesday. I peeled half at 1.83 and the other half at 1.93 for a nice gain.

I scalped (DEPO) and (YRCW) for gains and lost on (ETRM)on a late buy at 1.05...it was a bit of a gamble.

I added to (KERX) today as well.

A long of mine had good news on some cancer treatments...(MRNA). The stock has been popping and fading awys after every news announcement, so I did not add to it this am and it popped nicely but is now fading as I type this. One to watch and see if it gets some traction.

A slow day but the markets lifted up well but are now fading with 90 minutes to the close.

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