recap of today’s trades ($1,106 realized profit)
We sold our position in $MITK for a $706 profit. Shares of this security continued another 8% higher throughout the day but, we wished to move money to another opportunity. Specifically, we put on a quick day-trade in $AVL for a profit of $400. A new position was taken in the Chinese internet company, ChinaNet Online Holdings, Inc. ($CNET)based on the current demand for oversold names in the sector that continue to produce healthy net-incomes.