Wednesday, June 23, 2010

Trade Update: FAS

I guess we missed a good opportunity Monday. The stock hit our initial target of 25. It would have been a nice 10% gain. Unfortunatley, we did not sell. We were very close to pulling the trigger; however, I thought we had a good chance at running to the second target of 27- which is the 200-day moving average. Now we are in "no man's land". We could pull it off now with a very slim loss. Stay tuned for updates and strategy. Check emails. We will ponder our next move here....To sell or not to sell; that is the question.