Hello Oxen Report Readers,
Yesterday, we had a fairly successful day. We got into American Commercial Lines Inc. for our Buy Pick of the Day at the day’s open. We were able to buy into the stock at 19.56, and we exited for a 3% gain at 20.04. The stock, however, moved all the way to 20.64, which was a solid 5%+ gain on our entry price. Hope some of you were able to get involved. Secondly, we opened a position with Hansen Medical Inc. at 2.57 in the mid-afternoon. We are looking to hold this one through Friday, unless we can pick up 5-7% over the next two days. The release of Boston Scientific earnings tomorrow will be big for HNSN.
Today, we are in a Bernanke day, so what two plays are we looking at for today…
Buy Pick of the Day: IN PROGRESS
Analysis: IN PROGRESS
Entry:
Exit:
Stop Loss:
Short Sale of the Day: IN PROGRESS
Analysis: IN PROGRESS
Entry:
Exit:
Stop Buy:
Good Investing,
David Ristau
