Update - ARDI GOL WPSC

So ARDI @ROAD INC was a good one today.

Pre-market Open: $5.85
Pre-market High $5.97
Time of High: 8:06am
Pre-market Low: $5.83
Time of Low: 8:39am
Regular Market Open: $5.94
Current Price: $5.63 **and low for the day

So I got a short in at $5.95 and was able to cover during the pre-market for a modest .10 cent gain by covering at $5.85 on 1000 shares. So yes I could have held out for more, but I am not one to look back on a profitable trade.


I wasn't watching GOL Linhas Aéreas Inteligentes S.A. really this morning, but it opened above its level off price from last night. It opened at $34.49 in the pre-market and went as high as $34.96. It has since tumbled to a low of $33.80 in regular trading at 10:18am. It is currently trading just above $34. So a short early in the pre-market would have returned a nice gain after some nervous moments I'm sure when it went near $35. Even a short last night at the level off point of $34.12 would have given a .32 cent gain on the short side.


And the ANGO rule paid off again for WPSC WHEELING-PITTSBURGH. The stock which only saw $23.20 after hours last night hit a high of $25.55 this morning. It did have a considerable drop from that point, but it would have been tough to call the high. Anyone that shorted it last night would be underwater still by the looks of it. I'll say it again....I will never short a stock that doesn't go above its daily high after the Cramer mention!