MOJO Swing Trade Newsletter 1/2 PLUG - Profit Time

Published: Thu, 01/02/14

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Thursday January 2, 2014

Hi MOJO Swing Traders, 

Good morning hoping you had a great time off and holidays. Now, it's back to business and what a great start of the new year for MOJO.

PLUG POWER (PLUG) = Model has 10,000 shares at $1.58 avg.

MOJO BUYS when everyone else hates (the good stocks) and SELLS when they all love it. The stock has tested $2.00 this morning premarket and is now $1.93 = Let's take some profit and maximize the rest. I will leak out 1,000 shares here and 1,000 there until I sell half to three quarters of it today and hold some to see if it goes higher tomorrow. 

FUEL CELL ENERGY (FCEL) = Sympathy play with PLUG thru $1.50 today  - play to $1.60+ - Long 10,000 shares or more currently $1.42 X $1.46

More updates to come later today.

FROM EARLIER =

PLUG POWER (PLUG) = Taking an Entry Position of 10,000 shares under $1.60 - will get another 10,000 next week higher or lower. - Looking for move back to $2.00. I have waited an been patient since it went to $2.20

FROM EARLIER =

DIA PUTS = Market is getting weak and we up 5 points from an earlier 70 points. We going down now. MOJO has 100 DIA puts. See Image for Second buy - avg $.75

DGAZ= Sold HALF at $8.07 avg 

DGAZ

Thanks for watching, and profitable trading!

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

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Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks. 

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