Thursday, October 1, 2009

Bookkeeping: Short Bunge (BG)

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Very difficult to find bad charts, but I had a limit short order for Bunge (BG) @ $63.20 sitting out there the past week and it hit this morning. About a 2.5% allocation.

I'll set a stop loss in the low $65s (which would be a 3% loss if hit); don't have an exit goal right now - I am simply looking for some individual names on the short side to hedge off long exposure since I've been forced to cover quite a few stocks the past month.


Short Bunge in fund; no personal position

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