Joined you a little earlier for another small amount. Since it is getting to be too big a % of my portfolio I have been selling a little as well. The last sale was Oct 21 for $6.45. I sleep better doing this.
Thanks for your thoughts about XTXI. I shall study that more this weekend and, as always, appreciate the time you spend sharing your views Harold.
We were lucky as I had no idea it would fill today! It is always easier for me to buy stocks and often put in GTC orders using lower gap areas than it is to sell. Very, very short term the only gap I see since the March highs was the one made this morning which now appears to be in the 6.01-6.07 area. It could be filled today and that would be an over 4% move.
The next previous high was around 7ish and the ST down trendline may indicate a move to the 7.50ish area. Those would be tradable areas for me depending on the general market, oil and gas prices, etc. That is your area of expertise.
Again, thanks for your all your input and for calling MPO to my attention. It has been a good stock to keep a core holding and trade around the edges!
Harold, again thanks for all your input. Am appreciative of your previous comments on MPO and have slowly been accumulating and bought more yesterday at 5.01 where there was a gap. It dropped more this morning and have just added more at 4.82 and 4.91 as there was a 1 cent gap at 4.83-4.84. That leaves a gap at 5.00 this morning so hopefully it is headed that way!!!! These I shall probably sell (higher I hope) as I am learning to hold a core holding and trade around them. Have done this with KWK and SD in recent months and they have been profitable. Continue to watch some of your other suggestions and hope to be back into WMB again and may hold this time.
Noticed mention yesterday on iv of SYRG which appears to be increasing production in the Wattenberg Field. Since it is a CO company was wondering if you have studied it. A small company but am finding them more profitable for my small portfolio.
Hope you found your CO home in good condition. We finally had some of that rain which has helped our very dry condition.