Thursday, November 4, 2010

Sold PCS

Today I closed a long position of mine (PCS).  PCS reported earnings this morning and gapped up 3%.  After that it quickly ran up with the market and started to sell off.  I decided to close the position before it started a gap fill and I lost my profits.  Would have rather PCS kept its highs for the day but I am happy with my profits.

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