GregG68's  Instablog

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A Rules- based- trader with 15+ years trading experience. A trend-follower that uses proper position sizing and trailing stops at all times. Indicators, not fundamentals in my world. I trade mostly ETF's, and options. Well hedged with Managed Futures and income producing CEF's. I currently trade... More
  • Are large Institutions buying Penson stock. 0 comments
    Feb 20, 2011 7:01 PM | about stocks: PNSN

    PNSN has had a nice runup see chart below.

    Technically, a 50/100 day moving average crossover just occured in the begining of febuary.
    I also like the steady revenues from the clearing operations.

    The balance sheet has seen some nice improvements also.

    I'm thinking of taking a position here and setting a loose stop @ 10%

    Stocks: PNSN
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