Paper Trades with Friends

Here are the rules.  You respond/comment to this post with a paper trade.  Provide the stock, the amount and price you are buying and what your strategy is.  Then, we wait a few days, weeks or however long depending on your strategy to see if your play worked out.  I recommend try a few short term trades just so we can have some fun with it for now.

My first trade is in the response to this post. 

Trades for the week starting 12/12/11

COO - Buy 1000 at 67.81 - watch the 15 minute chart and hold or sell according to momentum.  Watch the volume, if there is excitement hold on.  Otherwise, bail out as soon as there is profit.  Keep loss to 5% max.  I expect this one to break out in the next few days.

GMCR - buy 500 at the next pull back while watching the 15 min chart below or around 58.00 or market on 12/12/11.