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Thursday, March 16, 2006

SLXA Update

Well I had my short order in at $9.70 this morning and was rejected due to lack of shares to short! And now the price has dropped to my .20 cent profit point of $9.50 at 8:30am. Well, even if I didn't get to actually short, it just gives another example that there is a quick buck to be made. I will be curious to see where this goes the rest of the day. Based on previous Cramer picks, this could run upwards until the 9:30am open and then maybe have another fall. Guess I will have to wait for some more picks tonight.

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