Happy Trader

Happy Trader
May we have many days being the Happy Trader

Wednesday, November 17, 2010

I need an aspirin!

The hangover from yesterday continues.  I tried to escape the bundle of bad that I had heading into the morning.  The results follow (if you are easily frightened avert your eyes):

DTRO sold at .00163 loss of 32%
MDFI sold at .0051 loss of 25%
GVDI sold at .00954 loss of 13.3%
HSCO sold at .0025 loss of 16.7%
DGZ sold at 16.094 gain of 3.8% (fortunately a significantly bigger position than the others)

The net is still ugly a drop of about 142 bps.

I added 1 new name today, picking up some HBWO at .025.

It was painful to dump those for losses but in most cases they dropped further which helps ease the pain a little and now that they are gone I can refocus and try to find better options.

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