Wednesday, July 7, 2010

"HHH2" Update

We doubled our position in "HHH2" today and are now fully in our position with an cost basis currently about 2% below the current close. Our strategy is to see if it can break through the resistance point by the end of the week. If it does not- we will sell some of the newly added positions and try to get a lower price. We might be able to get a nice 20% run going into earnings. Check emails for targets.