Wednesday, August 17, 2011

Up, By a Hair

DNS +4, -12, +1. Debatable given the Nasdaq's performance. Certainly not one for the record books.

Trades: see below for the ROSE buy and sale of LVS and NLY calls.

One encouraging note: 13 of my 15 positions are up for the week, and the other two would have been with an even finish today. Up 8% or more are CVI, HUN, WPRT, ROSE, and MCP.

Out of the general watchlist, up nicely today were PLAB (+28.8%) on a strong earnings report, and IDCC after some buyout rumors following the Google-Motorola Mobility announcement yesterday.

Reversal alerts: (8) hlr script, (18) t2 script.

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