Friday, December 01, 2006

Standout Stocks

My Stock of the Day is Nymex Holdings (NXM).

This is the recent IPO of the Nymex exchange. Since going public, the stock has retreated in 7 of the last 8 sessions. Today, the stock is rising, and has been positive all day, despite the weakness in the broad market.

This is really a short-term trade for me. But I think the stock could bounce in the short-term, as it has pulled back from $150 to $115 quickly.

Other stocks making notable moves today on high-volume include:
  • WBD
  • GIFI
  • NVLS
  • VIP
  • LXK
  • CNS
  • GDP
  • NDAQ
  • CAKE
  • HSY
  • TRI

long NMX

5 Comments:

At 6:35 PM, Blogger So said...

This comment has been removed by the author.

 
At 6:37 PM, Blogger So said...

This comment has been removed by the author.

 
At 6:47 PM, Blogger Michael said...

Jason,

What do you think of ADM?
(archer daniel midland).

It looks like a fine company to me.
Thx in advance for your input.

 
At 6:48 PM, Blogger Michael said...

btw,

Jason,

OVTI tanked big today after a weak earning w/ weak guidance. Are you still bullish on OVTI for a longer term? What's your take on the buyout rumor going around? I am a bit concerned about holding this one.

 
At 2:11 PM, Blogger thaydon said...

nice pop late this afternoon. thank you!

 

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