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Tuesday, July 25, 2006

Update - AVP DZP

AVP only had 1 trade in the pre-market for $32.75 after trading after hours last night at a high of $33.20 but declined to $32.83. The stock then opened strong at $32.99 and saw an early high of $33.08 around 9:45am, stayed strong till shortly after 10:00am before declining to lows of $32.43 as the stock went into the red.


DPZ also only had 1 pre-market trade at $22.80 after the stock traded as high as $22.98 last night. The psychological price barrier of $23.00 was not broken all day as the stock only saw a high of $22.89 which was seen near the end of the day as the market closed strong. The stock opened at $22.69 and did have a strong day holding in a range between $22.65 and $22.85 before the stock took an afternoon drop to a low for the day of $22.50. Certainly not a typical Cramer effect chart/trading pattern, but with out much after hours/pre-market price action or a great spike at the opening bell it is really hard to say if Cramer was able to influence this stock at all. Certainly not enough interest for me to consider a short because if there is no Cramer effect then I personally have no other reason to be short the stock.

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