11.28.2011

Nov 29 - Tues. "Libertay"

CEDC - Russian Standard said in a 13D filing with the SEC it acquired 7.2 million shares, or about 9.9% of the outstanding stock. 3.55 support to long possibly see a test of 4 again, where I'd eye for a short, long term resistance there. Trades only.


HI - better-than-expected results and guidance. Buy support around 21.75, possible run over 22 to mids. If it gets on an uptrend we could see 23-24s.


GRPN - looking more appealing down here at these levels. Value wise, no, but technical bounce should be coming soon. 15 saw some support and had some ah's buyers. dead cat bounce ( yes I agree IL).


MCP - we should see a break of this neckline and get back to 32-33 area as long as this mkt allows.


ILMN - looking at this one long for perks off of the 27 level, needs more sideways pa.


BAC - hearing their europe exposure is enough to kill the company even if good news comes out of Europe. We may see sub 5's soon.


ANR - set a higher low on 6 month, possible long on dips below 20, we might see it do an over/under 20 before she gears and pushes. Dec 23 calls had news last week about volume being huge. that might be a good target to set ur sights on.