Still holding short 1,000 RDN at $4.13 from premarket Friday. RDN closed red at -9.49% last Friday, so I'm going to keep a close eye on this one.
I did not do much stock scanning over the weekend, but the only stock that briefly caught my eye last Friday was LGDI. This is an exploration-stage mining and agriculture resource development company that has had a great five day winning streak, closing Friday green at 34.34% and running extremely green up 146% since last Monday. After five days, it could run out of steam because of traders eventually taking profits. Other than LGDI, I'm pretty comfortable with my position, but I will still be keeping a close eye on RDN and hoping to take some profit. I want to see lots of red!
Monday, October 20, 2008
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