(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%
I’m still sitting on my hands. I don’t see much out there ‘working’. A few charts were showing a decent floor but they turned out to be ‘traps’. I’ve been watching CRGN at .82 I was very tempted to try it again and the very next day it tested .75. I’m currently watching (Nasdaq: EDCI) (.67) and (Nasdaq: MECA) (1.04) as possible bottoms but I probably wont touch them, I just don’t trust anything right now. The odds are really not in our favor.
I currently have 2 open positions.
(more…)
CuraGen Corporation (Nasdaq: CRGN)
Position opened at 1.07. I’m thinking we might see some news today after the close or tomorrow.
They have a conf. today at 5pm est
http://biz.yahoo.com/prnews/071126/nem013.html?.v=27
http://www.abstracts2view.com/hem07/
Edit 12/12
Position closed -10.20%
Here is a list I’m just starting at 5am. I’m not sure what to expect this week with the markets. I figured be prepared just in case.
You might have noticed there are no more ads being placed on my site by GOOGLE. Since I launched this site, almost a year ago I finally made 100.00 in ad revenues which means pay day! On Dec 6th Google had emailed stating the following.