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Why I sold the rest of my stock in CC

May 22nd, 2008 · No Comments

So I did something i don’t usually do today, I liquidated my long position on Circuit City (CC) today because of the pattern it was in, along with the fact that I could see no improvement, at all, in the price for the next three days.

It turns out i was extremely lucky, because as evidenced by the chart below, there was a rather rapid price drop soon after my sell (wall street must have my computer bugged, lol)

My Circuit City (cc) Trade

Either way, stay tuned for the next post to find out the money making trade i executed with my Circuit City(cc) cash, which will be located HERE.

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Tags: Foresight · Trades

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