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To OTC Journal Members: 
 

I Won't Leave You Hanging

I was half right on this week's trading idea. TADF is trading the volume I expected, but it's not making any upside progress on the price. Volume is nice, but price movement is better. As far as a quick and profitable trade, it didn't work out. It still could.

Since calling it on Tuesday morning, this little sub penny idea has been as high at $.0044, and as low as $.0039- a pretty tight range. It was worth a shot, and very little damage done if any to your principal. If you want to win the lottery, you have to buy a ticket. In this case, the ticket wasn't a winner, but you're getting a refund for most or all of it.

I want to have one more stocking stuffer before Santa comes. After three successive base hits, this was strike one, but this week's at bat is not over yet. 

Tomorrow morning I'll have our win for the week. Stand by your inbox before the market opens, and Santa will have a surprise for you to help cover those darn January credit card payments.

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7 Minutes To Wealth
May 12, 2012

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Market Summary
Nasdaq 2832.21 +53.42 (+1.92%)
Russell 2K 760.64 +13.43 (+1.80%)
S&P 500 1310.44 +15.22 (+1.18%)
S&P 100 597.28 +5.67 (+0.96%)
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