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{ 2008 06 24 }

CNOA

I made a great call in selling CNOA yesterday at .80. It broke below this support to .78 and as soon as it did I put my sell order in at .80 (the ask).

As I write this post it is down 10% at .71. Even though I lost money on the trade, I had enough discipline to not let my emotions come into play. Many people would not want to sell being 20% down in hopes for the stock to rise again. Well, 20% down is better than 30% down.

My original $200 is now down to $350.
Posted by admin on Tuesday, June 24, 2008, at 10:16 am, and filed under brian's penny stock, penny stock. Follow any responses to this post with its comments RSS feed. Comments are closed, but you can trackback from your blog.