Tuesday, May 3, 2011

Trading Results for 5/3/2011

No luck today with RXII. Negative 3%. And although I strongly believe in great potential of RXII, specifically within next couple of months (chart looks sooo ready), I still sold RXII today for my Pennystocks100 strategy, HOWEVER I am holding small position in RXII and some other stocks I was mentioning earlier (like RTK) in my microcap long term portfolio. Long term I mean for 1 month to 1 year planning horizon. Risk/reward for some pennystocks is very favorable and RXII is amongst those. (I am not reporting my long-term portfolio trades and results here)

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