Sunday, February 15, 2009

PCX Friday News sqeeze out for now

PCX finally squeezed on Friday on news that the previous court decision on mountain top mining had been reversed. I had got my cost basis down to 4.82 and when it finally broke $5 I kept moving up my stop and finally locked in the gains in the the 5.40-5.55 range for a pretty nice gain. I will keep it on the radar for a reload but given the very poor close this one is in serious prove me mode.

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