SubscribeTitanium Metals Corp (TIE): Update
Titanium Metals Corp has been a little jittery following the earnings season, but we may soon be able to determine whether this stock will either break in our favor or stop us out.
TIE was trading at $31.75 on the recommendation date of October 28th, 2006. As of this post, shares have been pressured a little. At $29.18 the stock has shed $2.57 which equates to a loss of 8% percentage points. Hopefully, you have placed your stop loss at 5%. If not, there is a good chance that this stock will rebound and fill the recent gap made following the successful third quarter earnings announcement. The technical indicators are still pointing north, but there is little room left for error. Again, it all comes down to where you placed your stop loss. If your position was closed then move on and take this one on the chin.
Gordon Gekko would say, “The key to the game is your capital reserves. You win a few, you lose a few, but you live to keep on fighting.”
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