Recap for Wednesday the 5th of November
Posted Wednesday, November 5th, 2008 9:31 PM in DailyRead, Recap by IL-Editor
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From lats nights scan HERE

CPHD gave a nice 5% return on the short today (about a $1.00/share) from open, expect it to test $14 tomorrow

CROX – was the best one of the day, we nailed it in chat around $3.05-$3.10 per share before it fell straight down to $2.60 before selling off yet again to $2.30. End of the day provided a nice bounce I went long at $2.35

CIT tried to squeeze through mid morning, starting to weaken after failure to re-break high, spotted the weakness with the market falling on the break under $6 and provided a .50/share short

ESLR great short today right to where I expected – may continue to fall towards $3.50-4 over the next week

RZ finally decided to give back some of its gains late in the day – hopefully it test higher tomorrow before finally sticking the plug in it back under $5

SKF nice 20% mover on the market failure

Chat logs will be posted later tonight – you can review the previous two days HERE, keep in mind they are in Pacific Standard Time





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