Sell IDRA, hold Lake

2.50

IDRA141122P00002500

0.52

0.07

0.35

0.75

3

4,549

I have decided to exit  IDRA. its chopping around to the upside, and with the long white candle it is showing unexpected upward strength. I can only assume that there is something coming down the pipeline that insiders know or the crowd is still panicing. However technically I recognize a stock that will continue to surge upwards, so we exit. We got in at .62.

Also lets look at LAKE:

Lakeland Industries Inc. (LAKE)

 -NasdaqGM  Watchlist

24.23  0.63(2.67%) 1:01PM EDT - Nasdaq Real Time Price

Prev Close:	23.60
Open:	25.38
Bid:	24.06 x 1400
Ask:	24.15 x 100
1y Target Est:	7.35
Beta:	-0.16
Next Earnings Date:	N/A

Day's Range:	23.62 - 26.32
52wk Range:	4.75 - 29.55
Volume:	3,934,077
Avg Vol (3m):	2,248,650
Market Cap:	129.87M
P/E (ttm):	N/A
EPS (ttm):	-0.65
Div & Yield:	N/A (N/A)

The stock has wandered down a bit from our in point on our short  but you can see the coiled spring is still coiling:

So we wait on that one as well.