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
24.230.63(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:
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Impax Laboratories Inc. (IPXL)
-NasdaqGS…Read More
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