Crimson Tide

Obviously, would like to see this move confirmed by more volume. But breakout is evident. Stock is anticipating well results, and if they follow through, this will go to $4 and then attack the post IPO drop gap @5. This is very speculative and thinly traded stock with microcap of < 100million. It is very hard to get good fills when buying it.

Disclosure: Long south of $2.70 and holding for the big move.

Tags: Augustine, County, Crimson, San, Stocks

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Permalink Reply by Carter on August 2, 2010 at 8:43
I sold out of Crimson today for approximately 20% profits. I still believe it goes higher, as we broke out over key levels, but volume is dismal.

Good luck to all.
Permalink Reply by Carter on August 2, 2010 at 8:46

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