Friday, April 16, 2010

Morning Update

Kind of ugly so far, ASTC jumped a few ticks right out the gate but has fallen hard through support and is now sitting back up on it.  I think my patience might be wearing thin with this one.  Hard to stomach these swings.

ULR dropped quickly this morning hitting a low of $1.01, perhaps I should have given this one another day or so to creep lower and get a better entry.  If I could have gotten in at $1.02 or so, that's $90 lower in initial cost. We'll let it play out, almost seems like this one could be scalped for a few percentage points during the day.  Anyhow, this morning seems like it would be a significantly better entry limiting the risk even further and a ton of upside... damn.

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