InvestorsHub Logo
Followers 4
Posts 282
Boards Moderated 0
Alias Born 07/09/2008

Re: Ogclip © post# 10839

Thursday, 07/17/2008 7:42:08 PM

Thursday, July 17, 2008 7:42:08 PM

Post# of 32583
Yes, my intention is to trade it, but right now I cannot trade it because I am holding out for bigger gains. In addition, my account size is less than $25K, and recently I violated the Federal Pattern Day Trader rule so my thinkorswim margin account is now frozen meaning I cannot open new positions. That is why I cannot trade in and out of UVSE because if I sell it now, I won't be able to buy back in for a while until I am able to transfer to my TD Ameritrade account. It's a complicated story, but to be brief, my thinkorswim account, which I used to day-trade with, has been disabled from opening new positions, so all I can do now is close my UVSE position but I'd be unable to buy back in if it does show a good entry point. Ideally I would have sold at 0.03 and bought back in yesterday when it was trading at 0.019, but as I am saying, my account is frozen because I violated the PTD rule so now I will have to wait until I transfer everything to my TD Ameritrade account. I am not falling in love with this stock, I am just waiting on the Lone Oak drilling news to sell. I am a gambler, the only lady I love is lady luck, and I do not get attached to stocks. But with UVSE, I am confident that it will make huge gains from this level.

I trade, therefore I am.