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Strategies & Market Trends : $10 and Under : New 52 Week Highs

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To: bruwin who wrote (473)10/17/2007 3:38:19 AM
From: ~digs of 557
 
UGTH is a sell here because it has gone parabolic and it is part of my regimen to take profits regularly. I could sell the majority of my stake and keep the remainder as free shares. I may or may not do so. I expect volume to slacken here and will watch for a gap fill near $3.25 .. Of course the strength could continue, but the risk of holding this stocks is much greater at current levels. An optimal entry price came and went. Meanwhile, new setups are developing. It's time to hitch my wagon to a different star...
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