.selling swing NVAX at 3.83 selling at a loss the NVAX posit
Posted: Fri Sep 25, 2009 12:38 pm
.selling swing NVAX at 3.83 selling at a loss the NVAX position from 4.05. I ignored the mental stop at 3.90 this morning and the stock came back to our entry area , chose to hold her as a hedge on puts but now the market seams set to retrace and I will sit back and wait for another opertunety to buy this oversold company again. I am also buying +IKGVK AIG 37 puts OVERSIZED this I buy only at bid not ask and wait for entry since she is very light and tends to have a very big spread, so far clears around 2.27 area.