Bernie, I said all last week to reenter CDTS and SCON under $50, so I just did what i preached, it so happened, SCON came up with an interesting announcement (after the opening, apparently) and thus the run. Right now, I think that in a "bad market", both can retrench again to sub $50, and frankly, I am not excited about the nature of the market rebound today, and since the DOW breached to a new low, I think we will continue in this retrenchment. Thus for the time being, "opportunistic" reentries are $57 and $62 respectively fro CDTS and SCON, meaning, used only for fast rebound, but I am waiting for sub $50 to establish more LT positions.
Zeev |
