Friday, October 3, 2008

Positions update

I'm still holding my position of 1000 RZ @ 8.38 from Wednesday. This stock fluctuated between 7.51-8.21 today, but I've been keeping a very close eye on this stock via my Blackberry. This slow moving stock has been really testing my patience and I've been so tempted to buy back the stock and close my short position a couple of hours into the trading day. I rarely hold positions over the weekend, but I'm pretty confident that I'm in great shape since my Wednesday position. I'll keep an eye on RZ again this coming Monday and if its still moving slow, I wouldn't mind taking my profit and moving on to the next play.

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