Looking into BVN closely

[whodi]

Stock has been killed and after the total break of support, the shorts joined the party and the volume has been very high. At the same time, this is when I like to wait for any positive movement and buy in for a possible ride of the short covering and then some investors may join in and try to buy in thinking the stocks been murdered and undervalued and snag some profits and then u get the double whammy and then u got yourself a flyer. This is all risky and speculative but I will be watching the volume and movement. If it keeps going down, I will sit on the sidelines waiting because there hasn't been any real short covering yet. Just something for you guys to keep an eye on. Keep in mind, if you sense any strength you don't want to be chasing it but think ahead of everyone else and have yourself a position before a possible nice upward movement, which could be very short-term. This will not be a long trade but most likely a daytrade if there starts to be positive movement and volume starts rolling as the shorts cover.

6 month

http://finance.yahoo.com/echarts?s=B...urce=undefined




1 year

http://finance.yahoo.com/echarts?s=B...urce=undefined

[sachsich]

Great info Whodi. Thanks for giving your reasoning. It helps us understand why you do thing or what you are looking for. Good luck if you are in on this one!

[whodi]

bought in at an average price of 21.60

Will have a tight stoploss on this.

[whodi]

Originally Posted by sachsich

Great info Whodi. Thanks for giving your reasoning. It helps us understand why you do thing or what you are looking for. Good luck if you are in on this one!

NP Sach

[whodi]

Originally Posted by whodi

bought in at an average price of 21.60

Will have a tight stoploss on this.

Sold entire position at an average price of 21.67 after new intra day lows and took advantage of the tick up. Stock is falling out now and making new lows, so I am glad I am out before the bigger drop,

[whodi]

bought back in at an average positon of 20.91

[whodi]

sold entire position at 21.05, small gain of 14 cents.

[whodi]

Screwed this one up big time. I forgot to buy back in towards the end of the close. I wanted to see how it would open and it ran up nicely. O'well.

[whodi]

shorting recently at an average position of 22.70, stop loss will be if it runs past 23

[whodi]

covered entire short at average price of 21.23 profit of 47 cents.

[whodi]

shorted again at 22.47 recently

[whodi]

Originally Posted by whodi

shorted again at 22.47 recently

Covered at 22.50, 3 cent loss. Looking for a better position. Looks like it can make a run past 23, will see how it shapes up

[whodi]

ended up shorting at a few levels, average price is 23.02

[whodi]

[QUOTE=whodi]ended up shorting at a few levels, average price is 23.02[/QUOTEc

[whodi]

covered half of my position at 21.70 for a gain of 1.32

Leaving for an hour or so, setting stoploss at 21.90 because it will run back into 22 levels if it starts moving up in that direction.