Blog > Oil and Energy > Bump up stop-loss for TRGL to 65%
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Bump up stop-loss for TRGL to 65%

Today's Financial News - Posted June 12, 2009

Toreador Research Corporation (NASDAQ:TRGL) has continued its upward climb. It’s time to move up our 35% stop-loss to ensure those gratifyingly big gains.

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): On June 1, we told TFN readers who got in at the May 20 entry price for Toreador Research Corporation (NASDAQ:TRGL), to put in place a 35% stop-loss.

As it turns out, this energy company just keeps on giving! Right now, the stock is up about 73% from that $3.38 entry price.

To make sure we lock in those gains — but leave room for more — we recommend you bump up the stop-loss for Toreador to 65%.

If you got in at $3.38, set your new stop-loss point at $5.58.


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Posted by Laura Cadden · Filed Under Oil and Energy 

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