Downtown Traders CNBC contest picks

Tuesday, May 02, 2006

Taking profits in CMC and MVK

I am taking full profits in MVK and selling half the CMC position while the gettin's good. I like CMC for a bigger move, but since I can't sell when I want I decided to lock in some profits. I was actually seeing a lot of good options to add for today and decided to add three positions. I added SINA, PDE, and TDW. Some of the others that are worth watching are HELX, SPW, EXPD, PTEN, NBL, CSX, and POT. There were more, but these are the ones I was decided on.

DT

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