Guerrilla Trading with Take-Two Interactive: 21% Gain in 15 Trading Days
On June 10th, I picked up 300 shares of Take Two-Interactive Software Inc. (NASDAQ:TTWO) at $8.13 shares as they were heading down, finally stopping at $7.52 on June 16th. I took a chance it could keep going, but my educated analysis lead me to believe this stock was due for a type of bounce I like to call the Guerrilla Bounce. The Guerrilla Bounce is mean and tough and its not fair to all that bailed out on the way down, scared they would never recover their losses -- welcome to stock trading in 2009.
One of my favorite methods of buying securities is using what I call 'Guerrilla Trading', when a stock has taken a huge beating and its been left for dead, enter the 800 lb. Gorilla. This isn't taking a chance on a falling knife, rather, identifying a stock that you've been hunting from afar then when the moment strikes, you swing in from the jungle vine.
Keep Reading at AssetWealthDev.com/blog - Continue Reading
SOURCE: http://assetwealthdev.com/gorilla-trading-ttwo-07022009
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