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17 May
Posted by Sensei @ 10:16 am on Thursday, May 17th, 2007 in Trades
I took a 50%+ gain in half of my ONT position in 5 days. I can’t let that kind of gain slip away. Plus its tax free since its in my IRA. Instead of selling the whole lot like I did on the last run, this time I held on to some. I’ll look to buy it back if we get another 1 month – 2 month pullback. I starting to think that when whatever news comes out that is responsible for this move in ONT will be a “sell the news” event.
I don’t want to overthink it, because the weekly chart says there is more to go to the upside. The daily is OB though.
Tags: ira, ont, tax_free, Trades
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