Tuesday, August 02, 2005 6:23:11 PM
Trade Journal: Cogent Inc. (COGT)
And so, we continue to trade with the momentum and stay on the same side as the market - the long side for the time being. By the way, as the number of trades start to add up, I've lost track of whether I've posted all the closing positions. If you're also trading these stocks and options, please make sure that you set property stops and limits.
Cogent Inc. is a goverenment and law enforcement agencies AFIS (automated fingerprint identification systems) provider based in California, but it also provides the equipments and services worldwide. It just announced a record 2nd quarter revenues last week.
This is a trade based on the growing demand for this type of security technology and services. This chart shows a very strong technical uptrend. I added this to my long positioin at $32.84 today.
And so, we continue to trade with the momentum and stay on the same side as the market - the long side for the time being. By the way, as the number of trades start to add up, I've lost track of whether I've posted all the closing positions. If you're also trading these stocks and options, please make sure that you set property stops and limits.
Cogent Inc. is a goverenment and law enforcement agencies AFIS (automated fingerprint identification systems) provider based in California, but it also provides the equipments and services worldwide. It just announced a record 2nd quarter revenues last week.
This is a trade based on the growing demand for this type of security technology and services. This chart shows a very strong technical uptrend. I added this to my long positioin at $32.84 today.
David
#board-3693
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