[Moving Contingent Stop Up on Northfield (NFLD) LEAPS Calls/Stop to Sell Jan '07 15 Calls (VGXAC) now Contingent on Stock going below $14.37]
Dear Member,
As Northfield (NFLD) approaches an area of resistance, I am moving my contingent stop to sell the Jan '07 15 calls (VGXAC) up. The order is now sell Jan '07 15 calls (VGXAC) contingent upon NFLD stock going below $14.37. I am making this move in an effort to protect profit in the position in the event the stock bounces down off resistance.
DISCLOSURE: At the time of publication, I own the Jan '07 15 LEAPS calls on NFLD.
Sincerely,
Bill Kraft for
CutLoss, Inc.
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