Monday, March 12, 2007

Stock Results: 3/12/07

An interesting trading day... still bad news for subprime industry but other stocks are soaring. Dollar General gapped up over 25% on news of its privatization. Other stocks had huge breakouts today. CIMT 117.14% , LJPC (which somehow was omitted from my watch list after having a breakout on Friday) up 30.29%, LMRA 24.38%. WITM 17.65%

We were lucky to have ARGA on watch which had a breakout on Friday 3/9/07. Today it closed at its high of the day $1.85, with a gain 23.33%.

Reversals: JMBA 0.44% ASHW 3.71% FMXI 0.59% ONT 0.00% KOG 2.00% TERN 1.45% CYTR 0.99% LTS 4.83%

Breakouts: CYTC 0.40% TXCC 2.14% STKR 1.35% ARGA 23.33% JSDA 8.99% SNRR 4.88% AVAV 0.04% TIVO 3.21% SMDI 2.24% WTSLA 2.66% END 0.93%

Continuations: BTJ 7.51% TSL 9.19% SYNL 1.82% STP 1.25% CRTX 2.78% SWKS 0.45% OMTR 2.19% MRB 0.40% WJCI 1.25% HYB 0.43% MNCP 0.23% LEXG 0.51% PLRO 13.00% RAE 3.82%

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