RaginCajun Tue Jun 3, 2008 9:34am EST 4 Comments
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Nice trade, holding mine til $54. Would like to hold on and add to it into the end of the year though. We’ll see how it goes.
Dammit, I sold GRMN too soon.
thanks for that one … made 4 1/2 in less than 3 business hours, thx 2 u.
A fuck the market maker/specialist poker trick I employ: Lets say I have 500 shares to sell; Instead of putting 500 to sell at 53 or whatever, I’ll put out 500 to short, up higher. Just to hide my hand/intentions. If the short goes off, I’m flat against the box or you can do partials.
I knew GRMN was going higher because there were no shares available to short. So I hung on till 53. Could go higher, but a nice unexpected profit.
Nice catch.
Sold my GRMN, can’t get greedy after $5 in 1 day. Thanks for the heads up Ragin 🙂