This is not the news I was expecting but still think the contracts are around the corner. I wanted to free up some buying power so I can make other plays.
In total I sold :
|05/18/2010 09:55 AM||$141.804||Sold 2,727 ACLH@ $0.052|
|05/18/2010 09:55 AM||$775.50||Sold 15,000 ACLH@ $0.052|
|05/18/2010 09:34 AM||$270.50||Sold 5,000 ACLH@ $0.055|
Its kind of disappointing that at one time during this trade I was at a profit of over $700 but a profit is a profit. I believe that this stock will trend down until news hits. Also the rumors of a reverse split are all over the place. This is why I went with my gut and made an exit while I still had some profits.
Meanwhile PPJE just came out with news:
I will be looking to exit at around .0009