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Michael Kudrna
Added to $
JAG
position on morning weakness at $7.19 w/tight stops on trade as always $$
12/6/11
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jason2788
:
good luck, its leaking big.
12/6/11
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Michael Kudrna
:
its definitely under early pressure, but I wouldnt call 3% on only 62k shares on a 2 mil avg as leaking big
12/6/11
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jason2788
:
yeah thought the same thing, just picked up a couple thousand shares at 7.04, good luck.
12/6/11
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jason2788
:
thanks for the idea been following this one for a while.
12/6/11
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Michael Kudrna
:
large block purchase at 7.04 as I was typing that previous one, 113k share purchase
12/6/11
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jason2788
:
stop at 7.06 just too nutty for me. that's my
B
/
E
point.
12/6/11
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jason2788
:
it triggered for me. blah. out. i can't mess with these kind of equities in this environment that swing 3-5% on a dime.
12/6/11
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Michael Kudrna
:
that was a very tight stop....mine isn't far off, but it's under 7
12/6/11
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jason2788
:
on equities that swing a lot, I usually give 2-3% stop. I was up in the equity so I move it up to a b/e point and move on if triggered.
12/6/11
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Michael Kudrna
:
I'd imagine you get stopped out very frequently with that strategy, no?
12/6/11
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Michael Kudrna
:
Would have been a nice play if you didn't put your stop so tight, at 7.21 now
12/6/11
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