03/24/08

Sold 300,000 PNHL @ .0007. Lousy trade. Mistake made from asking another good trader what he liked and buying into it before finding out there is a large Seller trying to get out. If you are going to play the game, you should use your checklist and watch recommendations: don't buy in to them 5 minutes later. Another lesson told, another of my own broken!

Seems TCHH was sold too soon: it went up 250%, but I sold early because of a lack of available due diligence. Again, one must remember as well as I, these trades are meant to be short term: 1 - 4 days on technical reasons, not research reasons.