Tuesday, February 22, 2011

Canadian Stock Picks for February 23, 2011

Tuesday simply confirmed why this is a great strategy... with little risk and all reward!

The portfolio continues to hold CSF.TO triggered on February 14, 2011 at $12.30 and is now at $13.10 up 6.7% on the purchase.  I'm keeping two stop orders for half of the position each... the first at $12.75 and the second at $12.45.

STB.TO triggered on February 14, 2011 at $6.90 and is now at $6.86, basically even.   I'm keeping a stop loss at $6.80.

Neither of Feb. 22nds orders triggered a purchase - so nothing loss there.  So, this portfolio remains ahead.

For February 23, 2011, I'm choosing:
-  HSD.TO at $9.70 with a stop loss at $9.60
-  PRE.TO at $31.45 with a stop loss at $31.05

See you tomorrow!

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