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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,406 Blog Posts

Closing The YGE Trade

RaginCajun Tue Dec 8, 2009 12:25pm EST 8 Comments

Solar has been smoking the past few days, and most of the names are up today in a down market. However, today I am taking more profits in the group by selling Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]] @ 16.25.

Congrats to all the gentlemen that bought the dip as noted here

YGE is at a key resistance level, and I believe not worth the risk to hold here. Should the stock trade back above  $16.35, I will look to add again:

yge1

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8 comments

  1. TA
    TA
    December 8, 2009 at 12:59 pm

    YGE was a good ride, thank you

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  2. TA
    TA
    December 8, 2009 at 1:20 pm

    Still like IPI here?

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  3. Diamond Jim Brady
    Diamond Jim Brady
    December 8, 2009 at 6:48 pm

    I’m not a gentlemen, but offer my thanks on YGE. Bot MOS today at the close, I’m that “asshole dip buyer”. Hopefully, my balls don’t get crushed.

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  4. RaginCajun
    RaginCajun
    December 8, 2009 at 9:08 pm

    Top ten stocks inside PPT on twitter: http://twitter.com/RaginCajun

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  5. RaginCajun
    RaginCajun
    December 8, 2009 at 9:09 pm

    Thirty buyout candidates listed tonight inside PPT: http://ppt.ibankcoin.com/watchlist.php?view_watchlist=539

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    • 0 Deem this to be "Fake News"

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