Friday, August 14, 2009

HURN

A couple weeks ago I mentioned that I was looking at HURN which had a stunning one day drop of like 70% on some accounting blowup - I did a buywrite in there - stock is popping here on a friday afternooon on big volume - always makes me assume there are takeover rumors - i took a flyer on some cheapy calls..."feel lucky punk?"

Anyway the SPUZ are grinding back a bit into the close (down 14.5 now) - the bulls sure are tenacious fellas - plus buying em into the close has worked over 95% of the time lately so they will give it a try - i think it doesnt work today - but thats no surprise is it?

15 miuntes left to go until its the weekend....as the SPUZ hit there highs since like 9am this morning sigh,,,,,,

JB

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