Yes, I also am looking forward to the VUSA run. It will happen. Regarding COOL: what impressed me was that about mid day, just before I had to leave, the large lots seen on L2 on the offer at 14 7/8 seemed to dwindle to almost non-existent after having been very heavy just an hour earlier. This really impressed me. Unfortunately, after banging on 14 3/4 or so most of the day, COOL got tired and had to rest. Ultimately some larger sell side lots came back into the 3/4 to 7/8 area by the end of the day. But I think this says that if COOL opens strong tomorrow, it should be able to sustain past 15. On the other hand, if we don't get a good open, or the market tanks for whatever reason, I would expect it will be a little while yet before it breaks resistance.
Just my thoughts.
Kevin, could you give me a quick read on what you see on MZON T/A wise. Looks like a good play from most angles, but would be interested in any comments you might have.
Thanks,
KT |
