Posted by: eminitrader May 11, 2007
Stocks Selection
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One of the things that I mentioned is how it is necessary to get out of losing trades and take the loss. If you guys recall from my other thread, I had recommended JDO and SIGA at one time. After we bought those, they actually went up for a while but started losing steam. We took the loss in JDO around 2.20 and sold SIGA for a small profit around 5.60ish. JDO is below 2 and SIGA is below 4 now.
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