Spydertrader's Jack Hershey Equities Journal II

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Quote from Gandolph:

Gooch - Thanks for your thorough analysis!
Very helpful to me.
Don
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Thank you for the kind words.
I have seen that pennant form many times now. Sometimes lots of selling comes in to push the price down and we get an FBO, but while watching the level II, I didn't see any big sellers moving into the market so I figured price was about to move in the long direction. Also volume was above the .22 at this time. A couple of things that were negative... 1. this stock's float is below the 5 mil minimum.
2. Insider ownership is low. (according to Q-Charts)
So, on Monday I will be in protection mode, and hopefully this bad boy doesn't gap down a few bucks on the open. I would have liked to seen the right side of the smile go higher into the cheek by end of day.:D

gooch87
 
FYI

EDEN PRAIRIE, Minn., Oct. 9 /PRNewswire-FirstCall/ -- NVE Corporation (Nasdaq: NVEC - News) announced that it plans to release its financial results for the quarter ended September 30, 2006 on Wednesday, October 18, 2006 after the close of the Nasdaq Regular Market. The next day, Thursday, October 19, 2006, the company will hold its quarterly conference call at 10:00 a.m. CDT.
 
On that note, re IIIN:

MOUNT AIRY, N.C., Oct. 6 /PRNewswire-FirstCall/ -- Insteel Industries (Nasdaq: IIIN - News) today announced that its fourth-quarter 2006 earnings conference call will be webcast live over the internet on Friday, October 20, 2006 at 10:00 a.m. ET following the release of the Company's fourth-quarter financial results at 8:30 a.m. ET on that same day.
 
Sold my position in NVEC this morning. I am pressed for time and I don't understand the volatility at the open, so I ended it with an 8.2% gain.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1233977"></img>
 

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Quote from gooch87:

Sold my position in NVEC this morning. I am pressed for time and I don't understand the volatility at the open, so I ended it with an 8.2% gain.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1233977"></img>
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Excellent trade Gooch. Well done.

Entered COGO this morning @ 15.64 and BTUI @ 12.68
 
Quote from chasedream:

Could anyone post the current Final Universe List? Thanks.
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My Final Universe is as follows:

ANDE BTUI CBEY CMED COGO CTRN DTLK DXPE EZPW FTEK GIGM GMXR GROW IAAC IIIN ININ JOBS MGPI MIKR NEU OMNI RACK SMSI TIE TWPG TXCO XING

Some people will have slight variations - there is no ONE Final Universe. Mine follows journal I pretty closely, without AMEX stocks.
 
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