I agree, Dr. Risk, it would be useful if this thread could evolve to analyzing developing trade opportunities by watching Level II.
I just took a quick look at your call on AIPN....would take me all day to wade through the posts on SI and Yahoo. Am I correct in this assessment of the situation: looks like news on Wednesday shot it up on the open, but it was quicky pushed back, by shorts, to the exercise price of warrants expiring this week. It looks all the volume was on the stock the stock on Wednesday, then all the volume on the warrants in the following days was shorts covering with warrants. Hmm, wondering whether there is hope in buying the warrants before the CC tomorrow or just the common. Either way, looks like the common will move after those warrants expire. Same thing worked for me with MSON a while back. Are you loaded in stock, warrants, or waiting for the news to pounce?
Thanks,
Marc |
