Thursday, May 17, 2007
CSUN
"I love the smell of a good IPO in the morning." Every once in a while one will come along and fly from the get go. Today we had CSUN which started trading. Stock opened at $12.00, did a quick dip to $11.77 and took off from there as you can see in the chart. Stock closed at $16.59 near the HOD of $16.70 on heavy volume. This is why I monitor the IPO scene. Sweet!!!!
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4 comments:
Mmmmmmmmm!
After this post I am ready to switch from SBUX to CSUN in the morning!
;)
Nice trade. I gotta get back in the chat room.
Stock Rake
Good call Loki! When I see your alerts in the chat I know they are good ones. You have done your homework!!
Mmmmmmmm! SBUX was on Cramer's list.
http://seekingalpha.com/article/35585
and he does moves stocks. He said it was overvalued.
DNDN he also was bearish and it gapped down right after his comments.
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