Oracle and Powerwave $ORCL and $PWAV
By Alex Nuttall - Bio Last week I posted my humble beginnings as a trader. This will be my way of showing what happens right or wrong. PWAV Powerwave Technologies: $PWAV is currently at $3.46. I purchased 7 more shares at $3.43 on the 26th of January 2011. This makes my shares and average of $3.55 in cost for 14 shares. If we factor in the two trades at $4.5 each with a total of $9.00 in commission my total value is at a $-10.26 gain. Ouch! Remember the first goal is to have the trade pay for itself. Since the current value is $3.46 I have in effect reduced my investment. I am still confident in my choice so I have a mental sell should the value drop further: I will sell if it reaches 3.18 or 3.20. With a little kind help I have gathered some input on my trade: The ArmoTrade r has charted $PWAV on Stocktwits' Chart.ly. I also have checked into another trader: TheConfidentInvestor who has given this sto...