Monday, January 8, 2007

CECE Soaring

CECO is up another 4.75% in today's trading, and we're up more than 6% on this position in about one week. SLUP is still the laggard, trading at $1.40 with very little volume. But again, with these micro-caps, you've got to have your jock strapped on rather tightly and ride that thing till it hits the trailing stop.

Or simply have a cup of tea and ignore the fluctuations until they mean something - until you're up 40% or more... or you've hit your trailing stop, in which case you automatically sell upon the next day's opening.

We'll have another recommendation later this week or early next.

Stay loose,

James

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