rjm77me's Blog : Did any one take CQB trade = or want more trade like CQB

I posted a blog on CQB on Thursday evening for a Friday Trade. This site allows to enter a trade at close only - PITY. I hope they manage to add to buy at open function - some time soon.

There are two to three trades worth taking / per week at the open with low risk and potential to make 5% for the day. These trades are based on earning beat, short interest and after hours price action.

One should be mentally prepared to take risk associated with any trade.
open$13.32 close$14.68 ( +11.13%) +10.21% - (Data per entry on another web site which allows to enter trade at open)

There is no gauarantee that trade will be winner - one should be ready to take loss and keep it under 3%

Last weeks trade was Netgear - had sent to couple of my friends via email. I send them the trade evening or by 8 AM. It made 15% in two days. That was a great trade and one can not hope that trade will work that way.


21-Jul-10 16:01 ET In Play NETGEAR beats by $0.06, reports revs in-line; guides Q3 revs above consensus (20.20 +0.31) : Reports Q2 (Jun) earnings of $0.38 per share, $0.06 better than the Thomson Reuters consensus of $0.32; revenues rose 35.4% year/year to $195.9 mln vs the $196 mln consensus. Co issues upside guidance for Q3, sees Q3 revs of $215-225 mln vs. $214.01 mln Thomson Reuters consensus. It has high short interest - likely to fuel upside. (short 9.3% of float)

If you want to see more trades like above - recommend this post and leave a note why it should be part of this web site.
Thanks