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Wednesday, September 29, 2010

New transaction update

Of course, I sold the RIG options too early (but hey, I made a nice profit).

Entering new position on Dec 17.5 calls on Logitech.  Stock is breaking out of a base.  Looking for a target of 20 within 30-60 days.  Options are trading at 0.80 bid - 0.85 ask.

Can't decide whether I want to enter a long position on NANO.  Stock is behaving well, coming out of a nice base, yet its normally so thinly traded that I am reluctant to enter the position.  Could make a nice run if you can stomach the lack of liquidity in this stock.

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