payne_n_diaz | Entries tagged with stocks

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My Ballard Power (BLDP) jumped today. It had hit over $12.00 and I figured if it stayed true to form it would creep back down, especially since I found ZERO news about why it was shooting up. It made no sense. So I sold it at $12.05. Not 20 minutes later and it shot up higher, to like $12.50. I figured, oh well, I bailed too soon. A little later I checked it again and it had hit a high of $13.12! Darn it... But hey, at least I ended up with a $500 profit!

Lesson learned - Use a Trailing Stop in the future when you are in the money.

A couple years ago I had bought a stock for a company that makes fuel cells for hybrid vehicles... I bought it at $9.50. It tanked not long after, as low as something like $3.00 a share. But the good news is that it has recovered and closed today at $9.55! Woo Hoo! Looking at aftermarket figures it looks like it is going to go up some more... I have considered selling it if it hits $10 a share, but something tells me that with renewed interest in Alternate Fuel vehicles and hybrids that it could continue to rise if I hang onto it... I dunno... I'll have to watch it and see what it does tomorrow.