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Lazy Trade Long & Short: QIHU & PRGO

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September 11, 2012 – Comments (0) | RELATED TICKERS: QIHU , PRGO

So far on the day, outside of adding CRR as noted in an earlier post, I've also added QIHU at $24.00 which is today's lazy trade long, and closed out ALXA at $4.84 for a measly 0.2% gain from $4.83. While it doesn't seem like much, I always tell folks to take pride in the measly gainers because at the end of a trading year, they do add up, and they do represent adverted losses. Though the cash earned might not be significant, the loss avoided  is!

Remember: Trading is a game of inches. 

Here's today's Lazy Trades:

LONG: Qihoo 360 Technology (QIHU)

SHORT: Perrigo (PRGO)

 

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