DIN - After a rocket-like green streak since last Friday's opening of 152%, this stock finished the day red at -6.12%. Looking at the 20 day chart, we're at atmospheric levels in which this stock hasn't been at in a long while. Its chart looks like artwork to me. The volume is much lower than it was yesterday and the stock ended the day with a nice steady decline. The spread could have been better though. I'm holding 500 DIN short.
EVC - Closed red at -27.44% today. I was tempted to take a short position into the close of today's trading session, but I didn't like how this stock finished the last hour fighting back. I had that feeling that if I shorted into the close, I would be chasing a stock.
LAD - Finished green at 122.50%, but on earnings related news. A risky earnings play, so keep a close eye on this one if you take a position.
NURO - Closed green at 15.22% today. This stock has a winning streak, being up green at 100% since Monday. Any sign of red will make this 15M company a great short.
LNG - Four green days in a row and up today 17.75%. I'm still watching if this one runs out of momentum, especially after four green days.
TTGT - This closed the day red at -26.98%. Congrats to those who banked on this very predictable call! This call was similar to EVC.
Wednesday, October 29, 2008
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