Monday, February 23, 2009

M - Bought to Cover

Bought to cover M at $7.62 for a gain per share of $0.18 and a return on investment of 2.3%. I believe this will continue to go down, but I wanted the win considering I currently have a number of trades that are not going my way. Just an extra little win to pad my monthly returns. This was a day trade (17 minutes, to be exact).

SS M @ $7.80
BC M @ $7.62