Bought ENCY on the OPEN

whodi · #1 05-31-2007, 08:57 AM

20,000 shares at 4 dollars.

whodi · #2 05-31-2007, 09:09 AM

sold half of my position at 4.20 for a 20 cent gain, profit of 2,000

whodi · #3 05-31-2007, 09:39 AM

sold the remaining 10,000 shares of ENCY at 4.10, for a 10 cent gain and a profit of 1,000, bringing this trade this morning to a profit of $3,000

Goods · #4 05-31-2007, 12:38 PM

Nice work!

Didn't come out as strong as I thought but still up nicely. Selling half my position shortly. Couldn't get to a computer this morning, had a limit sell set at $4.50.

whodi · #5 05-31-2007, 12:45 PM

Thanks for the news yesterday. I was watching it closely today to watch the movement. Thats the thing with stocks in afterhours, a lot of times, once it jumps up like it did, it is priced in already and it may not get as high as it did in after hours. Sometimes it does, sometimes it doesnt. Just depends on how strong the news is and what kind of volume is coming in.

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