Just before the close of the market I added to my YHOO short 100 shares, so 175 in total. The stock is down 10% in after-hours trading right now.
LXK annouced a great quarter and shot up 15% today.
Assuming I can cover the YHOO short tomorrow at the levels it is trading at in the after market - my portfolio went up about $550 today which is >5% return! Pretty nice considering the way the market has been treating me lately.
Showing posts with label lexmark. Show all posts
Showing posts with label lexmark. Show all posts
Tuesday, January 29, 2008
01/29/08: Lexmark (LXK) Beat Street Expectations
Great news this morning is that Lexmark (LXK) Beat Street Expectations and has rose 12% in the premarket.
But there is bad news on YHOO pre-earnings annoucement, Cramer's cronies seem to think good things are in store with the article: Own Yahoo? Lucky you.
We'll see how the day progresses.
But there is bad news on YHOO pre-earnings annoucement, Cramer's cronies seem to think good things are in store with the article: Own Yahoo? Lucky you.
We'll see how the day progresses.
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