What Worked Today 2192008

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February 19, 2008

FRPT – It took off shortly after I bought in. Up 4.4% from the buy.

TITN – Ended up closing its gap and going negative, but still have 14% gain and selling a portion up above 20 was smart.

AKNS – Sold appropriately, but I have feeling AKNS could pop or drop big here. It will probably move on the backs of whatever the market reacts to STP earnings tomorrow. The whole sector will move and I would look at LDK as a play.

CBAK – I bought @ 4.4 and also bought CBAK March 5 calls @ a really bad market price of .25. This trade is down big right now, but CBAK is still on a nice buy signal. I’m up 1.5% on the equity buy and down 34% on the calls.

I had some BS thesis in buying into CBAK in addition to the buy signal on my systems that CBAK would ride if HPQ would have good news. HPQ did have a good report and was up nicely AH. CBAK was up 1.5% AH, but don’t know if its anything to do with HPQ or not. Either way, CBAK still looks good. Here’s the chart, tell me what you think.

CBAK Daily

MCF – An oil stock that is really not that popular, but the chart speaks for itself. Up 1.5% on the buy.

SEED – Still looks good, but down 1% on the buy.




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