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MELI and IMAX Catching My Attention

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September 08, 2011 – Comments (0) | RELATED TICKERS: IMAX , MELI

Two new trades to speak of this morning. One of them I am still in, the other of which I took a small loss on. The first is Mercadolibre (MELI) which I got in at $69.66, and my stop-loss is currently at $69.49. Its not doing much of anything at the moment, and I may jump out of it too. But like the trade I had in IMAX Corp (IMAX) (in at $18.46 and out of at $18.35) I am willing to jump back in both of them if they try to break out yet again.

LONG: IMAX Corp (IMAX)

LONG: Mercadolibre (MELI)

 

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