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Monday, May 15, 2006

Update - RTK BUH

So the RTK chart is a bit hard to read since there was either an error or someone got some shares really cheap. It traded up to a high of $4.69 in the pre-market and low of $4.52 after trading at $4.75 on Friday night. It then decline to $4.42 by 10:37am which was the low for the day. So there was some action right before the bell to bring it to its highs before a fall not long after the bell. Not a huge drop in price, but pretty good for a stock of this low price. If I could short with this cheap of a share price (which I hope to be able to soon when I switch brokers) I would be happy with .10-cent drop. I also plan on looking at Friday picks a bit closer. Both this and BUH below obviously lost steam over the weekend and traded lower than Friday's after hours. I am curious to see how often this occurs. It is risky to hold short over the weekend of course since it gives 2 days for news to come out, but is still worth some research.



BUH also trended a bit higher in the pre-market up to the opening bell, although well below its after hours price of $17.19 on Friday. It went to a high of $17 briefly, traded closer to $16.78 before the bell, went to $16.87 just after the bell and fell to $16.55 quickly thereafter. It then trended up for the remainder of the day. So my prediction of this not holding $17 was very much the case.

Comments on "Update - RTK BUH"

 

Anonymous Anonymous said ... (May 17, 2006 8:23 AM) : 

Really amazing! Useful information. All the best.
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Blogger CramerTracker said ... (May 17, 2006 10:16 AM) : 

Thanks!

 

Anonymous Anonymous said ... (May 18, 2006 4:29 AM) : 

Very pretty design! Keep up the good work. Thanks.
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