Small Time Trading

[benchman]

Account value down almost $900 today. Mostly due to ETRM. ETRM closed down .51 to $6.64. They had good news this morning, that they have met the NASDAQ listing requirements, and that that issue is behind them. The stock shot up on the news. However, later in the day a law firm announced that they were investigating the company. This is complete BS, and if you have read this board you know how I feel about shareholder lawsuits. These suits always make the lawyers rich, and leave the shareholders poorer.

Due to the drop in ETRM and the price erosion of ESV late in the afternoon, I will be in a margin call tomorrow. ESV closed up .08 to $10.41, but had been trading in the $10.50's most of the day. Oil was up 1%.

Adding to my loss today was FFHL which closed down .09 to $3.19. At least I did sell a 1/3 at $3.29 this morning.