A COUPLE OF SMALL GEMS
XMC/CDV
Home Capital warned this morning, one of the first time I have ever known of. It brought down the XMC as well. I am looking for opportunity to re-purchase XMC. Is this the opportunity? I put a bid at 9.5, did not get filled. HCG would be a better play though as there was some panic selling at opening. It went down as low as 32 but recover to 35-36 level, a good day trade.
I am also looking to add some CDV, which just announced great results for its Q1/06. It is rather reasonably traded at this level (about 10X of its 06 earning estimate). I probably will open a small position today. Opened a small position at 3.09 this morning.
Home Capital warned this morning, one of the first time I have ever known of. It brought down the XMC as well. I am looking for opportunity to re-purchase XMC. Is this the opportunity? I put a bid at 9.5, did not get filled. HCG would be a better play though as there was some panic selling at opening. It went down as low as 32 but recover to 35-36 level, a good day trade.
I am also looking to add some CDV, which just announced great results for its Q1/06. It is rather reasonably traded at this level (about 10X of its 06 earning estimate). I probably will open a small position today. Opened a small position at 3.09 this morning.
posted by ZIGZAG at 3/14/2006 10:01:00 AM
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