Seeking Alpha
  • Ocean Man
    Sold $MHR for a gain of 9.2% in 6 days. $3.70 ---> $4.04. http://seekingalpha.com/s/bvlnp
    2/21/13
    Reply (16)
    • jmok322: Taking profit?
      2/21/13
    • mdesilvio: Spectacular entry and exit on that trade; i followed a bit late on both ($3.75 --> $4.01) still clean profit. thx for the tip
      2/21/13
    • jmok322: Or not optimistic about earnings?
      2/21/13
    • Ocean Man: Not an earnings avoidance, just taking what seems to be a nice up move across 2 red days for oil and the overall market. Nice job mdesilvio.
      2/21/13
    • Ocean Man: Friday's low was easier, it traded there for about 30 minutes. Today I had a limit sell all day at $4.08 for an even 10% after commissions,
      2/21/13
    • Ocean Man: then I saw it get to $4.02 with only about a half-hour left so I moved it to $4.04 for 9%, and probably would've taken $4.00 if it didn't
      2/21/13
    • Ocean Man: continue up. The weird thing was that I saw a trade go by at $4.05 before I filled and I was paranoid for a minute. Sometimes that happens
      2/21/13
    • Ocean Man: when somebody's bid is an all-or-nothing for more shares than you're offering.
      2/21/13
    • futureguy: i sold most of it today morning for 3.98 , still have a small position. Do you think it might increase more in few days?
      2/22/13
    • Ocean Man: It'll probably trade with the market and oil.
      2/22/13
    • futureguy: sold the rest @4.10 this morning...
      2/22/13
    • Ocean Man: Nice job!
      2/22/13
    • MoneyWalksStocksTalk-2.0: im letting her ride through earnings. If earnings are well this could easily shoot up to 4.50-4.60. About a 65-75% IMO the earnings aregood
      2/22/13
    • jmok322: MHR getting back down into your range OM?
      2/26/13
    • Ocean Man: Not too far off. Need to read quarterly report.
      2/26/13
    • MoneyWalksStocksTalk-2.0: when is the report? It is delayed for some reason
      2/26/13