Did anyone play the WAVO short sell? Was anyone lucky e to have been in the
stock BEFORE the 35% one day rise, and smart enough to Short sell it down for another
20% gain, so far?
I was only half smart, did the short sell part. DId not own, or play long on the Business
weak mention rally. Nailed the short sell real good though.
Going to try the Short Sell again Monday or Tuesday with last Thursdays Business
Week's " Inside Wall street" mention of NTPA.
businessweek.com
quote.yahoo.com
biz.yahoo.com
IMO: Day traders and Weekend readers of Business Week will drive the price up at the
open Monday. ( buying opportunity for Day traders )
Day traders will probably make a few % gain on the Monday run, Then I expect profit
taking and short selling to hit the stock hard and drive the price down.
"IF" by mid day Monday, there seems to be straight and staying power in the stock, the
short term BUY might be fruitful!
BUT, sooner or later, MUCH more Sooner then later, The stock will be a very nice Short
sell.
In brief, you can play it short sell and get a good few days gain, or if you are a bit daring
and things work out well, play it long and short and do VERY well!!
Hope that all made some sense!
I have asked Doug to do a TA on the stock. I will leave it up to him to decide if he wants
to post his TA of the stock. His short term view. Doug looks at many stocks and gets
many requires for TA, I am sure he cannot post all. Ask him, if interested in NTPA.
exchange2000.com
Good Luck, Good Trade!
Instock |
