Wednesday, May 16, 2007

Plays for May 17

Two longs for tomorrow.

NTRZ 3.72 otcbb

RPTN 1.19 otcbb

Recap:
TNH open gapped up and never got filled finish +6.2%

WHT never green and tanked some more

Chasing momo:
BCSI in 40.18 out 39.57 got in at the top, cut loss pretty quick

TBSI would you believe I put in one too many zeros, bought 5000 instead of 500, filled 24 market orders from 21.18 to 21.49 and it started to tank immediately, by the time I figured out what my error was, I was in a deep hole, almost got a margin call. I started selling 1000 share lots starting 20.36 up to 21.04 just so I could get it out of my system. If I would've just held to the end I'd been ok but the slotmarket gods would not let me have it any other way. This will set me back a couple of weeks. Hopefully not much more.

DNDN in 6.099 out 5.79 bought 150 instead of 1500 , what the heck was wrong with my fingers today, the mistake on this one saved me a ton of money.

ONT in 3.26 out 3.43 can't believe I did something right for a change.

YHOO in 29.35 volume came in near the close, holding overnight for a bounce play , will set stop trigger 29.08 just in case.

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