Monday, June 6, 2011

VRML Showing Some Life Again

VRML is a trade we've had on and on May 31st, we had a 1-day 10% gain, I suggested taking some profits off the table and maybe introducing a trailing stop on the rest.

It's behaved well since then.

This morning it's up around 8%, the question is can it take out the previous high around $5.60? If so, this may turn into a double digit 1-day move.

If you are still in the trade, feel free to email for updates.

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