Tuesday, August 15, 2006

CPHD

CPHD was hit with multiple I-buys yesterday. It opened today at 7.38 and has been as high as 7.80. It was available even lower yesterday. What do to? From Open to High today was 5.6%. Returns were better if you got in yesterday. What to do? What's your time frame? Daytrader, you're out with a nice gain of at least 3-4%, waiting for your next message from Sally. Position trader, CPHD was a $10 stock in June. Do these insiders think it's going to revist those levels? My guess is that they didn't buy CPHD for a 3-4% pop.

A

9 comments:

ZIGZAG said...

Allan,

I am a new reader. Could you please let me know who is Sally? Thank you.

Allan said...

Could you please let me know who is Sally?



http://allallan.blogspot.com/2006/04/introducing-sally-insider-buying_27.html

Ronny said...

Hi Allan,when a day trade goes against you,at what point do you cut your losses?
Thanks,Ron

Allan said...

when a day trade goes against you,at what point do you cut your losses?

I use a strict $100 stop loss, no matter what size my trade. The logic is that these trades should be profitable form the start and if they are not, something is wrong. I exit the positon on the stop and take another look at the trade. Sometimes, I'll go back in, with another $100 stop, and sometimes I lick my wounds and move on.

A

dan said...

Alan, any thoughts on the ECPN I- Buys the last few days..
thx

Greg Reiman said...

Hi A:

GEHL hit on the I-buy screen today. I pulled up the I-buy history and say a lot of I-buy activity. But I also saw a lot of option exercise and then option sales.

Can anyone tell me what these option sales represent? Do these have significance like a market sale or indicative of something else?

By the way, this company is located near me and the Chairman/CEO is an aquaintance. His son plays hockey with my son. When we have talked business recently, he has been quite optimistic, although he doesn't pass on insider secrets.

Greg

Allan said...

any thoughts on the ECPN I- Buys the last few days

I passed, only because it's a Bulletin Board stock.

A

Browser said...

Thanks for Sally Allan. What a supercool tool. I'd love to learn more about how you build it...just to get a better idea about the world of web programming, the toolspace and perhaps begin to tinker in that world myself.

Cheers!
Browser
an.opsimath.i@gmail.com

Greg Reiman said...

Dan:

The ECPN I-buys are part of a planned purchase of $1 Million by the CEO.
announced on Aug 8th.

Greg