Sunday, August 17, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: APAC, BECN (rebuy), CVTX, EL (maybe), ESIC, GFF(maybe), HH, HIL, HLYS (watching), ICAD (rebuy), IRIX, LTS (maybe), LYV (maybe), MWA (watching), NGA (rebuy), RMG (rebuy), THMD, UDW


New Short Sale Candidates:


Add To: ATSI, BPSG, CBMX, EMIS, FINL, HGR, MITI, MRGE, PARL, STAA, XRM, XSI
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2 comments:

  1. RoCoach12:00 AM

    Hi Nick,

    Are you still holding all your HYGS?

    ReplyDelete
  2. Nick M.9:13 AM

    Rocoach,

    I sold all of my HYGS when it fell 8% below the purchase price. This includes the add on positions and the original buy. Although I occasionally get lazy, my rule of thumb is to sell a losing position when it falls 8-10% below the price I bought it. This is true of all my positions. Since I trade a large number of positions, I am not able to post up to the minute sells and buys. I can only tell you what stocks I like and which ones I may buy. From there, traders are on their own and must use their own sell rules and strategies to get out of a trade.

    ReplyDelete