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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

BUCY: Bought @ 121.00

RaginCajun Fri Apr 25, 2008 10:15am EST 14 Comments

[[BUCY]]

Update: Sold @ 122.06

Note: Market looks nasty.

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14 comments

  1. Of Course
    Of Course
    April 25, 2008 at 10:48 am

    You wont comment on GU, long term hold right ??

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  2. RaginCajun
    RaginCajun
    April 25, 2008 at 11:03 am

    GU is thinly traded, you have to have brass balls to hold.

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  3. Of Course
    Of Course
    April 25, 2008 at 11:06 am

    so you holding ? adding here on this dip ?

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  4. RaginCajun
    RaginCajun
    April 25, 2008 at 11:14 am

    I am holding. Technically, the stock could trade a lot lower.

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  5. Jason
    Jason
    April 25, 2008 at 11:23 am

    Volume is really picking up the last few minutes….Which I think is good for the stock, It could trade lower, I see the risk/reward at about $3 downside and $7 upside over the next 6 months.

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  6. Of Course
    Of Course
    April 25, 2008 at 11:31 am

    ok – just got brass coating done on my balls to hold this puppy, hopefully GU does not challenge LOD again today

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  7. stockfan
    stockfan
    April 25, 2008 at 11:43 am

    GU longs might not like this

    http://www.forbes.com/markets/feeds/afx/2008/04/24/afx4932786.html

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  8. stockfan
    stockfan
    April 25, 2008 at 11:47 am

    This might soothe some long fears for GU tho…

    http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/04-25-2008/0004800194&EDATE=

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  9. Jason
    Jason
    April 25, 2008 at 11:59 am

    Looks like most chinese stocks are off today.

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  10. RaginCajun
    RaginCajun
    April 25, 2008 at 12:14 pm

    This is not my week, I just missed the run in BUCY.

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  11. Zenprofit
    Zenprofit
    April 25, 2008 at 12:16 pm

    Ragin’:

    Nice call on BUCY.
    What is your standard trailing stop %?
    BUCY is now 126.13.

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  12. Anonymous
    April 25, 2008 at 12:49 pm

    You cut your winners short and hide the losers, A recipe for disaster.

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  13. Buck Woodford
    Buck Woodford
    April 25, 2008 at 12:57 pm

    Ragin.. i shoulda checked your blog before asking about GU in twitter. You’re a hold on the stock from what I read, correct?

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  14. Graham
    Graham
    April 25, 2008 at 1:45 pm

    Brass balls ? Try Titanium, Tantalum, Hastlalloy for holding GU… brass not good enough… long termers puking if holding now !

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