Trade review 5-17-10

The wins just keep coming for Big T:

Hits:

HAUP

I hope you got borrows, as this opened on a big gap down, soon went slightly green, then faded neatly ending up down over 28%

CMSI

The "weed" got smoked up as this gapped down and faded nicely, en route to closing lower by over 25%

AEHI

This essentially dropped and faded from the bell all day, en route to a 32%  down close.

LEI

I positively nailed this one, which most analysts overlooked. It fell from 2 below all day closing down 14%

ANTS

Strong start, some shaky early reversing, but eventually the beat went on. Closed up over 9% as per pick.

Misses:

BFAR

Obviously strong from the bell, the fun continued for longs at least one more day. Still, a loss is a loss!

NBS

Weak from the gun, nobody should have lost much on this fading equity. Most probably never entered.

APCVZ

No credit despite upside action in premarket from the start, because it fell from the bell during the regular session. I should always note many of these kinds of plays are prime premarket start entries, at best.

Push:

AUTH

This did have initial greening, then the market dove and this with it, recovering somewhat as the Dow did.

VG

Another Dow mirror, it did finish meekly green, but no more than a tie can be fairly claimed.

Totals:
Daily record: W-5 L-3 P-2    
62%

My unofficial hod list picks were a spit decision. LTUS bombed but GSB gapped up and had upside.

My other unofficial watchers were an interesting bunch. IFLG was amazing long, which I did not see coming in terms of its extent, while SFMI fell an additional 14% for the shorts. AONE bottom fishers got a painful sting while PACR just went sideways.


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