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reallybadtrader

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reallybadtrader

Re: lakingsphan0427 post# 6147

Wednesday, 05/23/2007 4:50:56 PM

Wednesday, May 23, 2007 4:50:56 PM

Post# of 9101
OT - Bought 10k a few days ago to get my feet wet.

I have traded pennies a few times against my better judgement and faired ok, well actually not very well, but the capital loss was nice on my tax return!!!

I have done very little DD on it, except looking at where it came from. Ugly chart, did they declare chapter 11?

Looks like you started buying at the near term bottom, nice trade. Kudos to you, take some profit! Is there any real upside or will this get washed out after a couple of moves you think?
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