MOJO Swing Newsletter 12/3 MORNING IMPT UPDATES

Published: Tue, 12/03/13

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Tuesday December 3, 2013

Hello MOJO Swing Traders,

TVIX (TVIX) =  Premarket the stock is $9.13 up 5% - looking strong today. Model has 2,000 shares at $9.15 is up 5.5% - taking profits into run here patiently and holding 1,000 for possibly higher prices. Will maximize and trail stop new highs - see how it opens.

Camtek (CAMT) =  Sold it yesterday for $1,000 profit on 2,000 shares - was best performer - did well and of course always could have done better. Very happy with it as today it is down $.43 cents premarket at $5.32

NUGT (NUGT) = Long 1,000 shares avg $27.75 - if doesn't get the bounce looking for today - I am looking at the December $30 Strike Price Covered Calls - the Premium is $2.00 - That is a $2,000 cushion - here is quote -  http://finance.yahoo.com/q?s=NUGT131221C00030000 

Authentidate (ADAT) = Will be selling it today as close to break-even as possible - no rush as Model has small position and it trades volume.

Prophase Labs (PRPH) = Has been weak since Model added it and will be selling it today for loss if we see no bounce - no rush as Model has small position and it trades volume. I have it on the sell list - YOU MUST WAIT AND SEE BY IF IT TRADES HIGHER - DO NOT SELL IT AT THE OPEN.

Planar Systems (PLNR) = Sold half yesterday for a profit - the stock is up premarket to $2.61 X $2.68 - Let it ride!! - May add more if it gets Volume and Buy it back - stay tuned..

Tucows (TCX) =  Profited and Reversed from a great run yesterday and high over $3.30 - we will be revisiting this stock and getting back in for some more Holiday Cheer. 

Speed Commerce (SPDC) = Held it's ground yesterday - see what it does today - right at magic $4.00

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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