Friday, October 10, 2008

Position Update - Check out these bleeders!

TONS - closed red at -21.50% today. If you got your borrows early this morning, I bet you made a pile of cash today on this bleeder!
MAV - closed red at -9.54% today. A great short immediately after the opening bell with a low of $6.88 today.
DENN - predictably opened red right out of the opening bell after the huge spike at the close of Thursday. This stock spiked into today's close again, actually finishing green at 6.31%...so similar to Thursday's close.
BXC - closed red at -3.68% with a low of $3.86 for the day.
DCGN - closed red at -18.18% today on this 22M "company." You can stick a fork in this one.
TRE - closed red at -17.14% after starting to run out of gas on Thursday. Second red day today which should make it a good short for this coming Monday.
PPC- finished green at 1.68%. The run-up hasn't been big enough to short into even though I've been keeping an eye on this one. I tend to not short stocks that finish green during down markets.
HMY - closed red at -3.04% making that two consecutive red days. The stock seems to be running out of gas with plenty of downside potential. With a marketcap of 3.73B, this is an real company with a very ugly chart - a risky short play in my eyes.

4 comments:

James Krieger said...

Colors are perfect, dude! Much easier to read

quickturtle said...

Yeah, tanks for changing the color to a easier to read format. great blog

"Q"

IL Torello said...

Quentin thanks for stopping by and checking out my little space here on the web. Let's all make a pile of cash! Ha!

JeePee said...

just made a small profit Long on DYN+ $350