MECA
(Nasdaq: MECA)
Position Opened at 1.06 I just mentioned it and saw a news alert hit stating
12/21/2007 14:44 *DJ Magna Entertainment Corp. To Sell Austrian Ppty For EUR20M
Rolling the dice, on a bottom chart play
http://www.thatstockguy.com/2007/12/21/just-an-update/
Edit Position closed -2.93%
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| MECA |  |  |  D | W |  5 | 3 | 2 | 1 | E |  N | PM | AH |  |
December 21st, 2007 15:44
I’m not sure what I’m going to do with this one. More times then not action on friday rarely carries over to Monday.
Short interest
Shares Short 3,281,000
Days to Cover (Short Ratio) 19.3
Short % of Float 3.17 %
Stock is at resistance at 1.10-1.11
December 21st, 2007 16:03
Well will see what Monday brings
December 26th, 2007 10:44
I’m out 1/2 at 1.12. I didn’t like the fact it went red on Monday. If it happens again I’ll close the position. To early to say if this has broken out from a wicked down trend.
December 26th, 2007 22:41
TrackNet to include New Jersey tracks
Wednesday December 26, 4:06 pm ET
http://biz.yahoo.com/bizj/071226/1568623.html?.v=1
Lets see if that news can take this into the mid 1.20s
December 31st, 2007 10:38
Position closed .97 -2.93