Wednesday, November 5, 2008

Solar Tankage

Sorry for the lack of posts today. I was away from the screens for most of the day but didn't think there would have been too much to do anyway. Didn't make any trades today except selling half of SOLF early this morning when it gapped down. I only had a small position that I mentioned I bought before the close yesterday. Decided to take some quick gains for 10% and look for a reload point but it never fully filled the gap which I was looking for. Just letting the rest run for now. Short from $8.95 so good percentage gain but wish I had taken more ahead of the election. I hope some of you profited.

Other positions still holding:

EXM - starter at 9.01 reporting earnings after bell. Held up well throughout the day.
DXO - weak action on big volume. Not what I wanted to see here. I mentioned I would have been cutting if it feel back in the base. Just am so small here and was away from the screens that I let it go.

Try to get a more detailed post out later. Especially about EXM off of earnings.

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