Thursday, September 17, 2009

Hello UVAAC ^_^

NVDA is coming down to the EMA20 for a test. Another 1/8th of my last cash position is being devoted. For now, will hold some cash to see how the test goes. January 10 is far enough off to suffer the loss of time value on a stock that I view as having lots of long-term fundamentals to keep it from meandering too low. Still, I'd like to keep some cash back in case this test goes south, producing a better trading opportunity at a lower price.

So, for the record, 25% of my virtual cow-carving portfolio is in UVAAC. This second purchase would be made for $1.95. Math to follow soon.

Update, right over the EMA20. 5% more @ $1.70.

1 comment:

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