iPath Global Carbon (NYSEMKT:GRN)

CAPS Rating: 1 out of 5

Recs

1
Player Avatar TSIF (99.96) Submitted: 8/20/2012 4:33:47 PM : Underperform Start Price: $12.36 GRN Score: +15.38

USE LIMITS to OPEN AND LIMITS (with patience) to CLOSE.

Carbon based ETF that acts a lot like carbon based life forms. (Erratic, hard to predict).

Problem is that I've had trouble dumping this one in the past. You close it when you're up 8-10 points and the system doesn't post it until the next "trade" which could put you back under water again. Probably not worth the trouble, but the 22% swing up on 300 shares caught my eye and acted like dangling bait. I'll see in the next 7-21 days if I can reel it in or if it jumps off the hook.

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