if it doesn't gap up and leave you behind,
maybe pick up a few shares and hang on to them
Well, Ariad did gap up so there was really no way
to play, unless you were really gutsy and shorted.
Very unsatisfying...since my crummy 1/3rd position
only generated a 2k gain, and then I proceeded to
try and daytrade the thing, giving back 2k shares
times 1/4--got suckered by the move back up from
2.5 through 3.
I had a good learning experience with level II, and
frankly, the one minute chart on Yahoo pretty much
would have told me everything you needed to know...
which is, aria was not tradable today, sigh.
Anyway, around $2...if it sags back there, I re-establish
my small position. I kept some warrants today which I
bought for 1/4 awhile back...hoping somebody pulls a
rabbit out of the hat.
Okay, back to more tradable issues: My watch list
for tommorrow is cosff, gmgc, xyln, cege...happy
hunting.
Hope everybody had a good day, started the year at
47k...now at 50k, ah if only every day could be so
kind!
--Mike |
