Blog > Oil and Energy > Move up the stop-loss on TRGL to 80%!
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Move up the stop-loss on TRGL to 80%!

Today's Financial News - Posted June 15, 2009

It just doesn’t get better than this… Toreador Research Corporation (NASDAQ:TRGL) is now up 83% from our initial buy price. Move up that stop-loss once again!

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): We first told readers about the Toreador Research Corporation (NASDAQ:TRGL) on May 20. The entry price we locked in that day was $3.38.

If you got in at that price (or below), you’re looking at gains over 80% right now. Let’s lock them in today by setting a stop-loss for Toreador Research Corporation (NASDAQ:TRGL) at $6.09.

This is our 3rd stop-loss for this stock. First, on June 1, we told TFN readers to lock gains with a stop-loss set at 35%. Happily, the stock kept on rising. On June 12, we bumped up the stop-loss to lock in 65% gains.

The stop-loss strategy allows to ensure the gains accumulated, but leaves room for more. And just as we’d hoped, the stock continues to climb.


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Posted by Laura Cadden · Filed Under Oil and Energy 

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