Wednesday, May 2, 2007

pre-ER runs

Traded LVS for its pre-ER run.
Entered at 86.30 May 1 with stop limit 84.90 with a target at about 87.8-88. The stock failed to rally Tuesday but you could feel it held on. Plus the big market is making a brisk turn around. Held overnight. It had a run Wedensday. Sold at 87.50 to realize 1.4% gain. Exit point was early. Staring at the bid and ask price makes me nervous. Patience ah patience.
MPEL was also up today to reflect speculation on Macau gambling industry.

NVEC is another example of pre-ER run.

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