Update: FCX, DO, AIRN, ICE, CPST
Posted on October 3rd, 2007 in Long Trade, Stock Market | Comments Off
FCX -Freeport McMoRan went down today because spot gold lost $14. FCX did not break the low of yesterday and was on loghter volume which is good.
CPST - Capstone Turbine I was stopped out at 1.17 and did not get back in the trade. The good news is that it hit my target price of $1.12. The bad news was that I forgot to place my order in……..
ICE - InterContinental Exchange is still holding strong with a current unrealized profit of 11.8%. I still think this will go up to $165.
DO - Diamond Offshore, still in trade at $111.52, it formed a bullish hammer which is positive but let’s what the action in the morning as I think oil prices might go lower since the US dollar bounced higher today which is why gold traded lower.
AIRN – Airspan Networks entered at $2.55 this morning.
