CPST Stock Sold

Posted by Blain Reinkensmeyer
March 29, 2006 at 1:08 pm

Just as predicted in my previous CPST Post, the stock broke $3.80 resistance after closing strong yesterday and opening strong this morning. I decided to lock in my profits for the time being on the stock, and sold at $3.90 and $3.91 at the market. I am extremely pleased with the overall play for in total the buy and sell came within four days. Total gains realized equate to about 17%. If the stock pulls back on lighter volume I may buy again, but we will see. With Q1 ending this week I want to make sure all client accounts are for the most part in cash. I am also now switching a client’s account along with mine over too Ameritrade Izone to capitilize on lower commissions. In March alone I have spent $634.45 on trading fees, and by switching to Izone this will cut down by over 50%.

To the future,

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