Sunday, May 09, 2010

Trade review 5-7-10

Big T bats nearly 100% on this group of picks. I hope some of you banked fat coin on Friday...

Hits:

CVGI

Gap up, modest upside, now up in after hours.

PPO

Gap up, nice upside, and despite afternoon fading, finished green. Pull back entry not possible, admittedly.

PNTV

Gap up, finished a lame green.

EVSI

The beat went on, for some more nice upside, out of a flat open.

AEZS

As predicted, additional upside happened. It also did not reach 1.82, as suspected. Up in after hours, as well.

UPI

Gap up, then decent upside finishing up over 6%

Misses:

HTRN

Typo stock got added somehow to list. The 3.69 level was gone by Thursday, no less. This was not even a play. My sincere apologies to my subscribers, I am not sure how this happened. Obviously, it is scored as a loss.

Totals:
Daily record: W-6 L-1
85%

The most impressive thing about my record on Friday was that most were the cautionary longs, on a bad market day, and they still all went mostly according to script! My unofficial picks did not pan out very well, admittedly, justifying my decision not to include them on the official list. All of the industry leaders suggested as short bait in a possible new Bear market did continue their drops on Friday, in sync with the S&P, etc.

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