free counter statistics

Thursday, April 06, 2006

Update - KRY BW

Well, KRY had a low of $4.90 and a high of $5.72 during regular trading hours today and it ended on the upward side at $5.69. Just did a quick glance at Cramer's radio recap for today and his stop trading segment and there was no mention of KRY insane run today. I don't doubt that the stock could go to the prices Cramer has mention because anything is possible, I just hope people don't get burned if he is wrong. So like I said before, there was a short opportunity here if you got in last night or early this morning to catch the dip at the opening bell, but with so much buying it was too hard for this one to fall for long. But why the selloff right at the opening bell? My guess would be people taking profits thinking this had no chance to hold. I would feel sorry for them since it did go back up even higher.....but they probably made at least 20% since Cramer mentioned it last night!


BW was another high roller. It hit a high of $26.43 at around 11am today (an increase of $3.43 for the day at the time or almost 15%). It went as low as $25.02 at 3pm before climbing back up to close at $25.90. With perfect timing there were some short opportunities but they were way to risky for me.

FYI, I tend to put a line on the chart for the high of the day to see where the best possible short point could have been.

Comments on "Update - KRY BW"

 

Anonymous Anonymous said ... (April 06, 2006 5:56 PM) : 

Good job mon ami. Your descriptions are pretty detailed. Let's see what Cramer recommends today.

Good Luck.

Steven

 

post a comment