Friday, September 24, 2010

+YGE -VSEA

Thursday's activity ...

Bought YGE shares.

Sold VSEA ($27.35) Nov 30/35 out of the money bull call spreads (-60.5%) to capture the remaining time value and hopefully redeploy the capital with better prospects. (I'm still long w/ VSEA shares though down -3.5%.) Of course it's looking to gap up this morning.

LGL dropped after announcing secondary offering following a nice run-up with substantially higher volume. There is no insider trading. Right.

LOCM remains strong.

Reversal alerts: Pharmas ARNA & ICLR plus AIRM.

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