What Worked Today 5242007

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May 24, 2007

Being short. I bought the QID this morning and got to take advantage of the nice down move. I failed to mention that I’m also short in index funds as well as of yesterday. Roughly a 3% gain across the board in the funds and 2%+ in the leveraged ETFs.

DEPO – Hey it gained 1% in todays action pushing the gain to 17%+.

JMBA – It went down today, but so did everything else. There was a comment presented to me asking if they should buy JMBA now or wait till the market settles. I don’t know what the legalities are for giving advice directly, so I’ll refrain from doing that. I am long JMBA and I bought it a few days ago. I’m also looking to add to my position. I think the stock could move up to 11 and change before settling and then running higher.


I get alot of visitors that come to this site because of my posts/trades with KRY and ONT. I just want to state for newcomers who don’t search the archives, that I don’t own these right now. I’ve traded both and have made nice gains, but I was not long in these while they got hit.

KRY – Not being in KRY. Down 8.48% today. Search the posts for when I got out of this one.

ONT – Not being in ONT. Down 8.4% today. Search the posts for when I got out of this one.


ONNN – I sold it today. Took a 3%+ gain. Had over 10%, but I let it slip away.




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