Tuesday, August 7, 2007

NILE: Sold @ 83.00

I sold NILE this morning for a small profit, it is a little disappointing considering it was up huge in after-hours trading. That is my only drawback with Zecco, my commission free broker, no trading after-hours.

I will be out for the rest of the day. I predict a rally after the Fed meeting, so buy your favorite names on this dip. I like AAPL, MVIS, ERTS, JBX and FWLT here.

2 comments:

newequity said...

NILE up to 93 after you sold. Most of the frenzy buying is likely shorts scrambling to cover before the next guy does.

Ragin' Cajun said...

You have just witnessed "asshatery" at it's finest.