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Now I remember ....

... why I gave up trying to trade Mattson (MTSN). So far this week, a downgrade, an upgrade and reduced guidance. Managed to sell out on the bounce back up and recoup most of my losses.

On a brighter note, Graham Corp (GHM), a small company I found while looking for a global industrial play pulled back quite a bit today and I was able to establish a decent position. The first week of this contest did teach me a valuable lesson - I left some dry powder and more room in the position in case it's not done pulling back.

Comments: View Comments |  Wednesday September 26, 2007

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