Tuesday, June 1, 2010

Tightened APKT stop...

I moved up my stop loss order on APKT from $26.00 to $27.00. Although APKT could still work, I do not like the persistent weakness I am seeing today. So I took some risk off the table by tightening up my stop loss. In addition, the markets are not acting like they are quite ready to follow through. So I believe the best decision at this point is to tighten things up. If APKT looks likely to close weak I will exit the position just before the close of trading.

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