iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Raising Cash

I sold my position in $RBCN for a gain, sold out of FSLR for a loss, and dumped $SD for a penny.

I still have $RENN and $MCP, both of which look great on the daily charts, but may be forced to sell them if the selling picks up here.

Top pick: Cash

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5 comments

  1. RaginCajun

    sold RENN @ 3.01, sold MCP @ 6.66 (will likely regret that).

    Back to cash here.

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    • charlie

      RENN is a tough one to hold in a flimsy market. The stop fills are terrible when it drops.

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      • RaginCajun

        yep. Figure it’s better to be safe than sorry. Just hope I don’t miss the move, because it will be explosive.

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  2. scott

    Why did you sell RBCN? Up 2% on Heavy volume -> here is the breakout we’ve been waiting for?

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    • RaginCajun

      not liking what i see from the market here. decided to opt out for cash. My sales were 7.59, 7.50, took profits.

      I can always re-enter.

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