Quote:
Originally Posted by mikedatiger
Jeremy, just trade with Stop Limits and don't worry about it. Back when I traded I would set stops based on the percentage I was willing to lose and as a stock ticked higher I would adjust it for average daily volatility. Stop Limits set a floor for total loss and also allow you to lock in a set gain.
I would only be in this stock as a trade play and that's it. US has something like 750 TCF of proven natural gas reserves. Current stock pop is based on a Dominican Republic deal that wouldn't actually flow until 2015 and that's assuming they can actually export domestic gas.
Enjoy the ride but set stop limits and enjoy your gain.
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This is no long term ride........ But im going to bleed it out .... got it around $3 mark...... Trying to pay off my boat
