Morning Trades

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December 14, 2007

Bought FRPT @ 5.57 this morning, stopped out at 6.75. Gain of 21%.

DNDN – Started acting funny this morning, I bought back Jan 7.5 calls on the dip and then DNDN started acting scary again so I dumped all the Jan 7.5′s. BIG MISTAKE. Kept all my Feb’s though which are now approaching 100% gain. DNDN has popped around 6% again today and those Jan 7.5s would be worth  115% from yesterday. I may look to buy them on weakness.

LDK – I made an attempt at buying some LDK calls when all the other solar plays were moving (see my post about AKNS yesterday the little thing is up 15% today along). However, I dropped the calls down 9%.

Still waiting on the market to rally…I’m seeing signs and all the big Nasdaq players are green.


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