Update - WCI TIVO

WCI hit a high of $19.86 at 8:45am in the pre-market on light trading, which was right near last nights after hours price point. It dipped to a pre-market low on its last trade before the opening bell of $19.50 at 9:20am. The stock then opened at $19.75 (according to Yahoo! which conflicts with some other sources I have) and dropped to an initial low of $19.46 a few minutes in. It then had an increase to $19.93 at 9:50am before taking the long road down to a low near the end of the day of $18.26, a drop of 8.7% from last nights high of $20.00. So as my previous post today details, the ANGO rule did not work here and made me miss a good short opportunity so I will be watching to see if that rule can be amended to avoid that.


TIVO did have some pre-market action that took the price back to its highs from after hours last night (even though those highs were erased last night). It traded to $6.45 at 8:38am with a couple of trades of nearly 4000 shares each. It did however open at 9:30am at $6.23, down one cent from yesterdays close. It then went as low as $6.15 around 9:35am. It also went up after that to the high for the day of $6.33 at 9:50am and going to a low of $6.18 near the closing bell. So even though TIVO wasn't really a Cramer pick, people seemed to like his idea of trading its volatility, but maybe this wasn't Cramer related...