Worked:

Being long the indexes worked again today. The NDX netted 1% while the RUT was flat to down a little bit.

Bought:

AAPL March 125 call options @ 3.10. They were up to 4 bucks at the close for a 29% gain, but I held on and I’m glad I did because AAPL went up to 127 in the AH. Sweet - Probably will be up about 50% on the open.

WCI - Went back in @ 4.54 up 1%+ on it.

CPST - Continued the breakout on good volume today. Up 16%.

Sucked:

Sold ABAT @ 4.61 for a loss of 1.7%. It turned down on my systems today and I hopefully it doesn’t turn into  a GRO situation.

Bought JRJC @ 17.95 and its down 5%. JRJC didn’t hang onto its explosive morning move and I decided to go out and look at granite countertops for my kitchen remodel.

SEED - This pos dropped 32% after they reported their numbers today. This is not good and I hung on when my stuff said sell. Hopefully it gives me an op to get out at a better price or now I become an investor at this point. This sucks because I had a double digit profit in this one and now its going to be a double digit loss come 9:30am.

YHOO call options continue to lose on time decay.

If you like this post, check these out too

• February 26, 2008 -- What Worked and Sucked Today 2262008
• February 25, 2008 -- What Worked and Sucked Today 2252008
• March 29, 2008 -- What Worked and Sucked Today 3282009
• February 29, 2008 -- What Worked and Sucked Today 2292008

Thanks for reading

Want to know when I post again? Subscribe to the StockRake feed: .