TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (56034)	8/24/2006 1:03:36 AM
From: GTC Trader	Read Replies (1) of 59879

<< An Avian Flu play with a 6 month hold is NVAX.... Buy in the 3.55-3.63 area and hold to end of December, or sell at target of 5.25.... >> << ...bought 3000 NVAX at 4.00, looking for 4.80.... >> Mark, I bought at 3.50 and held during the drop to 2.84 last Monday. I happily sold this morning when my GTC at 3.96 executed near the open. My temporary 66c loss was closed at a 46c gain. I will watch NVAX and perhaps re-enter if it retests ~3.50, but I don't want to rush to put my money back in the stock after turning a bad loss into a nice profit. Especially since the overall market seems weak. I wish you well on your trip to 4.80 and hope that I am on board with you when it happens. :o) Ken

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