Redback Networks, Inc. (RBAK)

[mince]

No, I did my one time RBAK put thing and I'm too much of a wuss to naked short RBAK. I'll scoop up some more calls when the time is right. Now think around the 50MA? That is also where Drew picked his shares up. 21.70-21.75.

I want to be in cash right now as much as possible. I dabbled NEM as a gold play. Stochastics on gold told me it would spike. I bought calls when pps was 49.15 on Monday and sold yesterday 1/2 when pps was at 52.75 and then at 52.45. Made $1400 on only a $2100 investment.

Tell me what you think of wgat (if you feel like it). Appears way overbought, but busted through a 2.05 wall that it couldn't for some time and closed @ 2.08. I think big news is imminent.