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Tuesday, December 19, 2006

Update - OMTR GMKT

OMTR
Pre-Market High: $ 14.07
Pre-Market Low: $ 13.90
Pre-Market Close: $ 14
Pre-Market Volume: 12,119
Last Nights Price: $14.25

Regular Hours Open: $14.00
Initial Spike Price: $14.04
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.97 (-6.9%) to $13.07
Time of Initial Drop: 10:13am
High for the Day: $14.04
Low for the Day: $13.07
End of Day Closing Price: $13.45, down $0.34

GMKT
Pre-Market High: $ 22.30
Pre-Market Low: $ 21.30
Pre-Market Close: $ 21.59
Pre-Market Volume: 154,105
Last Nights Price: $22.66

Regular Hours Open: $21.68
Initial Spike Price: $21.81
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.71 (-3.3%) to $21.10
Time of Initial Drop: 9:34am
High for the Day: $23.97
Low for the Day: $21.10
End of Day Closing Price: $23.47, up $2.99

Note: Although there was an early drop, it was very short lived. Even with the IPO lockup expiring on Wednesday, people didn't hesitate from bidding the stock up almost $3. My opinion to stay clear of a short here proved wise.

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