After making small profits on ICN and EWC I saw them run to even greater heights. I put the proceeds into FCR, already had a small holding from a while back, and into KMN.
I can't remember why I bought into FCR but it came up again on my radar. The fact that someone was happy to buy $100,000 at one tick behind my price gave me confidence. It is a little traded stock but yesterday it was somewhat persistent in that everytime there was seller at 16.5 a buyer stepped in and vice versa. My concern started when I saw that buyer disappear after trading finished.
KMN has a rights issue and looking at their meagre forum it might be worth a small stab.
Good trading everybody.
W2
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- daytrades march 26 pre-market
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