Wednesday, May 02, 2007

Collective 2: BKH out

Black Hills Corp (BKH) was another Trade Ideas 3:1 risk play on a 2% stop. The last four days have seen strong volume with increasing bullish strength. Bullish momentum could see it test a projected target of $43.50 but for my purposes the trade is considered exited. The 300 shares closed for a +$681 profit.