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Update: DUG
By: Stock Roar   Monday, May 19, 2008 1:55 AM

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Stopped out of DUG at $28.23, where I was short oil but it keeps going up….crazy! It may now run down to the $25-26 level. Spot oil may run up to $130 before turning. I’ll keep my eye on this next week.

CPST is acting really well, currently up +18% from my call last week.

NNVC went as low as $1.00 and closed at $1.12 on good volume. This was lower then I expected but still acting well. With small priced stocks like this you need wide stops. I’m still targeting $1.50.

I also got in WYNN and LVS last week.

With ICPR I’m kicking myself I just missed the entry by 2 cents. My buy order was for 0.48 and it hit 0.50 and now after a few days it close on Friday at $0.82. I’ll wait for a pull back to around 0.72 to 0.75.



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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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