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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (46014)8/7/2003 6:00:32 PM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
Yesh!
I got a bit antsy and covered about 1/2 the position at 17.76 on the big wave down.
Not knowing why it dropped it was the right thing to do, I suppose.

However if I was listening to the CC I would have known why- they lowered guidance going forward.
Anyhow, I'm still holding a chunk debating whether to cover more here or wait for the morning.
By the looks of things it could see 15s tomorrow.
But heck its all a craps shoot in AH trading.

Interesting note...
Haven't heard one word about their earnings on CNBC.
I guess they only report good news<g/NG>

note: trading just under 17 now.
We'll see where it closes tonight.

6:02 edit: Just covered more at 17 even.
Will take home a small position and see how it plays out in the morning.