Well, that was certainly a very short affair with Gafisa (GFA) - we put on a trade (only) late yesterday in the $27.40s with 2% loss limit (stop loss $26.85) which we were taken out of first thing this morning. The stock sliced right through the 200 day moving average as if it was not there - fascinating. We'll see if that was done just to collect stop losses (such as mine), before some sort of bounce occurs.
Back to cash with that 2% allocation.
No position
Friday, January 22, 2010
Bookkeeping: Stopped Out of Gafisa (GFA)
Posted by
Mark
at
9:52 AM
Bookkeeping: Stopped Out of Gafisa (GFA)
2010-01-22T09:52:00-05:00
Mark
Gafisa|
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Labels: Gafisa
Bookkeeping: Stopped Out of Gafisa (GFA)
2010-01-22T09:52:00-05:00
Mark
Gafisa|
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