Monday, February 05, 2007

(TKO) or "What do we know"

Nuisance trade in (TKO) long on January 30th, which failed breakout and got stuck on my account due to "TREO 650 sudden death syndrome", turned around and posted 6.5% gain off the trigger price ( total move today as of close = +9.9% ( was as high as about 12%).
Interestingly enough during the period from Jan 30th till today (TKO) only once touched "stop price" of $3.11 ( never went below ).

Flexibility...sometimes pays off ( sometimes it does not - but this is what differ traders from ... hmm.. "investors"? :-)

P.S. (TKO) was profiled on Members Site night of January 29th