Tuesday, April 13, 2010

ONP Alert Again!

ONP has made another 17% for us and we can now take profits again. Now that Ive ridden this stock up 15%+ twice I can afford to leave some on the table in case this one runs higher. If this is your first time riding this baby take at least a quarter of your profits off the table.

Update:
Just found out from my TOS and options guru Paul that ONP has hit the options market! This is huge as it opens up a lot more ways to play this one. I will be working with Paul to try and figure out how this will affect the stock and also a few play that can be made with options. at the very least I will no longer be selling my shares as I can now sell covered calls against the shares now.

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