[madtrader]
Wed Aug 29, 2:07pm PDT TTWO
AREME
AREME got delisted by NASD today. After Herb Greenberg of TSC aggressively panned the stock. Well, the one that is getting all his attention right now is TTWO. What is also very very ironics is the fact Dave Nadig of formerly Metamarkets.com is very high on the name. For that matter, this morning after the earnings news, he called for a short squeeze rally! So we have one guy who is consistantly dead on (for doing his homework), and another who needs to get a clue! Technically, the break in July stopped the uptrend in this one. We have done nothing but going sideways since. I would be aggressively short if this one can break below 16. If you are long the name, you better think twice. none.
[madtrader]
Wed Aug 29, 2:02pm PDT VRSN
Well, this one was a bit of frustrating. I went long the puts a last week, turned around covered and went long the calls. Sold for a profit but failed to follow up on it again. And consequently missed the big move down. Anyhow, the breakdown of July low is just the continuation of the lower high, lower low pattern since May. At this point, the rest of April lows seems unavoidable. I would be avoid being long this one, and would be aggressively short should it bounce back to low 40s again. none.
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[RumorDude]
Wed Aug 29, 12:55pm PDT EBAY
Alright, last time around we didn't do so well on the put side with ebay. We're going to give it another whirl here as many fo the 'net commerce names get knocked down. VRSN anyone? Ouch. Buy to open Sep 50 EBAY puts |
