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  #1  
Old 05-08-2007, 08:51 AM
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covering short on somx

5k shares at 18.30. Sold short at 17.85. Lost 45 cents. Lost 2250
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Old 05-08-2007, 10:30 AM
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Still short holding on to NTAp?
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Old 05-08-2007, 12:01 PM
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Yes sir. Stock is still overbought in my opinion. May put a stop loss around 39. Looks like NTAPs rally today is news driven from some grants they got today
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Last edited by whodi; 05-08-2007 at 12:09 PM.
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Old 05-09-2007, 09:04 AM
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looks like this news was just 1 day late for me, stock gapped down a few points this morning. O well, it happens. Kinda funny how this news comes out after there earnings were good and SOMX had a good day monday and then they release this.

http://yahoo.reuters.com/news/articl...mktNews&rpc=44

SOMX dropped down to 16 today
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