CPHD should test $16 out of open keep an eye for weakness after the open should test back under $14
CROX – should open around or at $3.50, keep an eye for the move right out of open (could test high $3’s) followed by weakness back under $3.50 – watch for it to turn red
CIT big jump out of open, it has room to run towards $8 range before any sign of pull back, with over 40 million shares traded this should provide many swings intra-day
ESLR solar has been hot hot past few days, keep an eye for the test of $6 out of the open and we may see ESLR head back towards $4.50-$4.75s
RZ managed to close at highs, monitor this one for the loss of $5
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November 5th, 2008 at 9:01 am
Hi IL – I’m holding a short position on CVI overnight (ouch). Do you think this has momentum to jump over 6 and run? I’m trying to decide whether to cover and eat a big loss or wait to see how it plays out today. Thanks.
November 5th, 2008 at 12:33 pm
RDN up 48% with surprisingly good earnings out!
November 5th, 2008 at 12:51 pm
IL:
What is your current opinion on HIG ?
November 5th, 2008 at 12:52 pm
JM come in chat – on scan past few nights I figured it had $20 in it
November 5th, 2008 at 12:56 pm
could squeeze higher we’ll see when it gets there, theres no telling its momentum, it could go to $25 after consolidation in the mid $19s
November 5th, 2008 at 12:57 pm
IL:
Do you still think $20 is the top ? Do you think today’s action is short covering or is there something else going on ?
November 5th, 2008 at 1:00 pm
Hey Gloria — I am in on RDN too! I was in on that one back in late September and was fortunate to sell it at 7.00 when it reached there briefly. This news is blockbuster and I can see this head back up in that 7.00 range very easily. It’s book value and cash on hand are very strong and this earnings report was off the charts fantastic!!
November 5th, 2008 at 1:00 pm
IL:
Sorry. Did not see your last post.
November 5th, 2008 at 1:06 pm
Goldrush, Good for you! I am looking for good things from RDN.
November 5th, 2008 at 1:39 pm
Nice Gloria glad its working out for ya!
November 5th, 2008 at 3:30 pm
After a nice short from $3.10-20 on CROX to $2.30 grabbed a few long $2.36 for a swing
November 5th, 2008 at 3:41 pm
Nice job Gloria on RDN. They had a great earnings to boot. It is on my watchlist again and looking for another entry.
SIL – Took my profits yesterday from buying in last week.
November 5th, 2008 at 4:44 pm
Hubert – EEV / SKF 20%-ers today
November 5th, 2008 at 11:31 pm
Did well with FXP – only 15%-er.
November 6th, 2008 at 12:14 am
Thanks, InvestorsLive and Hubert. Goldrush, are you holding or trading?