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Trading results 4-21-11

A very busy and very good day today.  after the downgrade by Goldman Sachs with SINA the stock fell out of bed.

I covered some of the short and I am holding about half through the weekend as I switched from covered short stock to using naked calls as a synthetic short.with the premium as high as it is and a three-day weekend I would rather have naked calls then stocks short. I had a few other trades today and although not as big as SINA it made for a good day.

I had an overnight with CSR that has a buyout offer for $6.50.

BIIB was a gap up Brenton

CSR tip

CY Laurel overbought on 10 minute chart

QPSA Laurel overbought on 10 minute chart, interactive brokers ran out of shares so I cut it off early

UTEK William signal

IGT after hours laurel overbought based on round number

PLCM after-hours lauryl overbought