Selling Swing: selling 1/2 PALM stock at 4.60 from 4.16 and
Posted: Thu Apr 08, 2010 3:52 pm
Selling Swing: selling 1/2 PALM stock at 4.60 from 4.16 and 1/2 4 April calls at .70 area from 37 89% PROFIT and all of April 5 calls at .19-.18 . PALM has lost strength and wish to lock in profits on PALM stock aswel as remove sell all of the PALM 5 calls that were the highest risk. PALM is here closing on the verge of multiday negatives but on my setups they have not yet cleared but the risk has increased dramatically. Still big smiles on the 4 calls especially that we bought at 89% pure profit.