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Holding: COT

TimothySykes [13855] Star!Star!Star!

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Symbol Sector Return Exposure Trades Last Trade Status
COT Soft Drinks -3.55%  n/a 4  01-Apr-08  Prior Holding
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11-Apr-08

Scanning The Horizon For Worthy Stock Trades

Holding Rationale for COT.

stormy2.jpg

Thanks to (GE)’s pathetic excuse for a business, it’s stormy out there today! No new stocks on my radar today…lots of microcrap traders are playing (FRPT) and (MNKD)—TheLion.com’s all hopped up on them as if they were Mountain Dew. I like volatile low priced stocks just as much as the next guy–ok, maybe more–but not those of falling knives—their movements are based on rumors and speculation of further contracts/news…I hate trying to predict news…no I prefer predicting the effects of sketchy promoters and gullible suckers.

Speak of the devil..unfortunately, there’s no shares available to short of (PSTI) today—something tells me it’s gonna take the big dump under $4 today or Monday, but with my impatience there was little chance at me holding for a few days…as would be the correct course of action (as is usually the case aka you can do better than me!)

(COT) looks ripe for a big fall, at least down to $3, then it’s a question of whether or not it can take out stop losses there.
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Tagged Stocks: GE, COT, FRPT, PSTI

 

Posted at 05:04 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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TimothySykes

COT Out
Rank 8/13
Return -3.55% at 2009-01-08
Rank 8/13
Trades 4
Followers 2,682
 

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