The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Friday, November 11, 2005

CCO is not worth it for today......

Although I like CCO as a long term trade, I cannot recommend it as an IPO day trade today. The only decent entry that I was presented with was in the 18.50 dollar range and that was it. The high of the day was 19.00. Big deal. I was expecting something more explosive. CCO is done for now in my book. As the stock progresses, I will take another look at it and see if its worth a buy. For now, there are other stocks that are more worth my dough...

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