Saturday, January 29, 2011

Follow up - Orchidchem

Following up on my post on 20th Jan - Orchid Chem - HERE

http://wolfewaveindia.blogspot.com/2011/01/orchidchem-lot-size-2000-margin-152000.html

We shorted & I covered too early - Restless / wanted to trade other stocks since it moved quite slowly.

Here's where we are on Orchid Chem

Go short again @ 310-314 - Only problem - Margin's high on this stock which deters me from trading. Overall trend is down .


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