Was it Newton?
December 27th, 2006 by Buck Woodford
A smart guy once proclaimed that an object in motion tends to stay in motion. That’s the principle behind many of our trades.
The stock of Penson (PNSN) has started moving.. After trading in a tight range for two months, the buyers truly got in the Christmas spirit yesterday. Today’s pause day further bodes well for the stock in the short term as not too much of the gains were given back.
We’ll be bidding for shares this week, with a stop just below $25.
