Two longs and one short for tomorrow.
Long OMR 6.68 hard to say how much the sunken treasure is worth to the company but shares continue to sell off
Long ABAT 2.23 otcbb, sell off after the good earnings report last Wednesday
Short GPIC 14.28 talk about reversal of fortune
Recap:
XFML reached high 7.70 but ended -0.1%, maybe be bottom here , keep an eye on it
PCSV +11% gap up open not playable
Chasing momo:
CGPI in 11.41 out 11.54 popped on no news so the move was sold back down
SPC in 8.48 holding as it appears to breakout on the daily
ARAY in 24.99 out 24.58 entered near the high, tried to exit with a limit order 24.65 but didn't fill
JDO in 1.86 out 1.79 didn't get filled on limit 1.83 exit, it reversed and ended 1.95
One win and two losses did not make for a very good day.
ESRG dropped from 2.42 to 2.17 in a matter of minutes, reversed and ended 2.35, looks like another rinse job, will be looking to sell off a partial soon to lock in some profit.
Wednesday, May 23, 2007
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