Tuesday, March 10, 2009

RF sells II

Sold 100 UA @ 13.88 ($102 net profit). Kept my last 100. Nice short squeze going with 29% short interest.

Sold 300 FAS @$3.41. Still long 500

3 comments:

  1. Still holding 200 FAS, currently trading at 3.41 - what an ATM machine today! Setting stop at 3.25, looking for more upside heading into tomorrow.

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  2. UPDATE - Sold out 200 FAS at 3.35 after SEC release on mark-to-market accounting not to be adjusted as a result of crisis. I will be checking market and technicals later, and update my stance on FAS hold into tomorrow.

    200 FAS sale at 3.35 resulted in $126 profit on $520 investment.

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