Trade review 5-13-10

I called a few of these plays right:

Hits:

PACR

Gap up quickly produced early morning profit taking fade play, which later recovered but finished barely red.

AEZS

Exhaustion short arrived as this sold off from the bell and finished down over 5%

SFMI

Had initial upside and tested and closed on 0.40 as well. Made a bid for 0.50 but fell short. Up over 6.5%

IFLG

Old times indeed as this stock opened at the lows and moved up from the bell. Some brave but too early shorts got squeezed, making it worse and sending it to a +62.5% finish. This also happened the last time! 

Misses:

AEHI

Another big up day, it climbed initially but finished solidly green.

AERG

Distribution day as this fell nearly 4%, but the move up may only be pausing for the next up move. Brave souls had an opportunity to re-enter the breakout on the sell off and recovery to above the initial entry point.

Push:

PRPG

Finished unchanged. Actually, aside from its high volume days, it often goes days without moves on poor volume. I will probably drop it from my lists, even before a move in the desired direction.

INTT

Still holding 4 and making gains, this finished up over 5% although it went red early and under 4, before retaking that level. It never looked back in recovering. But it finished essentially unchanged from the open.

ALXA

This tested 4 in premarket, after gapping up to begin. Then it faded just before and after the bell. Due to how it played out, it is a push.

Totals:
Daily record: W-4 L-2 P-3 
66%

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