Bought @ $2.24 - should have waited for better pricing and not placed a market order...
Just an undervalued favorite of mine that I was waiting for a draw back for entry since I missed the original breakout!
Wednesday, March 31, 2010
WHRT
Shorted @$3.70 - borrowed shares too late and missed out on the $3.83 ask...
A Sykes-like short. Stock would not have been able to sustain the unusually high volume it had in it's run up from $2 to $4.5. The news of its medical device being used at University of Utah doesn't justify doubling the company's value. We'll have to see more use and an actual marketable revenue generating product before I''ll be buying -- could be a long time.
A Sykes-like short. Stock would not have been able to sustain the unusually high volume it had in it's run up from $2 to $4.5. The news of its medical device being used at University of Utah doesn't justify doubling the company's value. We'll have to see more use and an actual marketable revenue generating product before I''ll be buying -- could be a long time.
Friday, March 26, 2010
PUDA
Shorted@$8.82.
Tried shorting @$9.45 yesterday but there weren't any available shares! weak!
Overvalued. In it's most recent
earnings release, we see that for the year:
Tried shorting @$9.45 yesterday but there weren't any available shares! weak!
Overvalued. In it's most recent
earnings release, we see that for the year:
1) Operating income down about 30%
2) Unrealized Derivative Fair Value loss of $5.036 million
3) Net Income was down ~65%
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