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Tuesday, January 09, 2007

Update - OPTM

Pre-Market High: $ 25.46
Pre-Market Low: $ 25.00
Pre-Market Close: $ 25.19
Pre-Market Volume: 34,446
Last Nights Price: $25.39

Regular Hours Open: $25.27
Initial Spike Price: $26.19
Time of Spike: 9:39am
Initial Drop in Price from Initial Spike: down $0.69 (-2.6%) to $25.50
Time of Initial Drop: 9:50am
High for the Day: $26.63
Low for the Day: $24.35
End of Day Closing Price: $24.42, up $0.93


Although I show that there was an opportunity to short, I said last night to wait for a bit after the opening bell to see where it went, and the stock went well above last nights high. That is the same thing that happened to DIVX which was a big enough sign for me to stay away, even though this one came down considerably, unlike DIVX.

Comments on "Update - OPTM"

 

Anonymous Anonymous said ... (January 09, 2007 7:54 PM) : 

shorted 2k shares of OPTM today at $26.25 and covered at $24.5. thanks for the info.

 

Blogger CramerTracker said ... (January 09, 2007 7:59 PM) : 

Congrats on the short! A nice gain there for sure.

 

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