November 18th Overview/Potential Plays
See my take on (NYSE: LDK) on AOL today, potential for a further short squeeze, but I’m not buying until it proves itself, probly will move too quickly on earnings tomorrow either way.
(Nasdaq: CSIQ) – massive afternoon run up, buyout rumors, breakout,
whatever, too risky to go long overnight, suicidal to go short
(Nasdaq: RIGL) – nice downtrending, secondary offering at $8 LOL Had the chance to short before the market close, but it’s too risky for a quick bounce now that it’s 50% off its highs. Really screwed this on up, obla di obla da, life goes on.
(Nasdaq: FRPT) – down to $4 in after hours, maybe on less contract wins than expected, solid cash position, international orders probable, won’t touch it though because you get mutilated trying to catch falling knives
(OTC BB: CACN.OB) – nice close, why’d I get scared out? Nobody will ever know.
(Nasdaq: VSGN) – one to watch, c’mon strength, get up there so I can short ya!
No positions, no great setups, so I’m happy 100% cash. Sorry if you’ve emailed and I haven’t replied yet, I’m too popular, so I’m waaaay behind
