So the market was looking to get rid of the uncertainty on the health-care bill. To the good side. Micron calls are still performing well. IPI is still down.
PALM is holding steady on the "we're selling" to China and 2-phones will be added to AT&T. PALM is still low on cash, need to look at the forecast for both of these events, but still short over the next few months. It is trading on lower volume each day...
COYN has been maintaining a new base on some volume lately.
Shorting the DOW, if you are to take this trade I would be conservative on the PUT premium and put an order in lower than normal to catch more upside potential in the market and look out to Jun or Sept.
The FDA Advisory Committe said the data was not sufficient for Pixantrone from CTIC, shares plummeted the last couple of days with a 36% increase today. April 23 will be the FDA ruling...
OCNF announced the builiding of 3-new ships and contracts to keep them filled... Up 11% in the after hours. Why I like them, cheap for now and when shipping recovers will be an unbelievable dividend.
Looking at April 6 DRYS calls....
Happy Trading...
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