Gander Mountain (GMTN)

Company

"Gander Mountain is a leading specialty retailer that serves the needs of outdoor lifestyle enthusiasts, with a particular focus on hunting, fishing and camping. Gander Mountain provides a unique retail experience founded upon our 'We Live Outdoors' culture and theme. Our stores offer broad and deep assortments of competitively priced outdoor equipment, accessories, apparel and footwear, combined with expert services and a unique store environment. Our emphasis on customer service is based on our store associates' extensive product knowledge and outdoor-related experience." (company website)

Buy

24-Mar-06. Gander Mountain is showing surprising tenacity around the $9 level, so I decided to buy another lot, balancing somewhat the earlier lot that I overpaid for.

• Price momentum (PPO) — a tad weaker since previous buy
• Trend (ADX) — strengthening still
• Money flow (CMF) — negative but improving
• Relative strength (RSI) — still very strong, and the more-sensitive stochastic RSI (StochRSI) has pointed up again
• Volume — softened a bit with three down days, but lower volume

Sell

3-May-06. After nursing Gander Mountain along all this time, it made a move today and I intended to sell my earlier lot to lock in a small profit, with this lot remaining. I inadvertently sold both lots. Oops!