Friday, May 29, 2009

Shorts update 3

CHS: Covered all @ $9.15. I forgot this thing would release earnings. Covered all and waiting for the sell signal to re-emerge. 

HEW: Covered 2/3 @ $28.83. Price target hit and the position was closed automatically by the computer. This is some major support level so I'm siding with the computer here. Will re-short if a breakout to the downside occurs. 

IEO: Close long position @ $45.53 and flipped to short. I'd like to keep the reasons private since I primarily trade oil for a living. 

DBP: Cover in full @ $33.50 AVERAGE. There is NO liquidity in this POS. Stay away. 

P/L:

CHS: -$0.30/share
HEW: +$2.56/share
IEO: + $3.16/share
DBP: -$0.48/share


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