Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

COCO $1.00 to $2.50 the 60 call options were bought and called OFFICIALLY in the trading room around 3:00 p.m. and a position (risky though) in EDMC was suggested since the call options had low volume yesterday. We stalk 'em BEFORE THE REPORT..and we expected this because of CECO (another beauty before and after the report) when we can buy calls/puts that have good volume we get them. Today was discussed as being a big day for the education sector and we waited until 6:00 p.m. for the EDMC report to come out. WE DID NOT EVEN SUGGEST THE PUTS

THE COCO CALLS

Tue Oct 28 15:09:22 2003:marketge [0/] Msg:ALERT COCO
Tue Oct 28 15:09:58 2003:marketge [0/] Msg:the 60 calls for November UCSKL at $1.00 or the 55's which should move up even more at 3.00 even
Tue Oct 28 15:10:07 2003:marketge [0/] Msg:UCSKK
Tue Oct 28 15:10:14 2003:marketge [0/] Msg:COCO volume is very good for options
Tue Oct 28 16:09:31 2003:marketge [0/] Msg:CYD is down 2.40 or so.. which is good for the first pullback since October 14 (major pullback at least)

Tue Oct 28 15:40:16 2003:marketge [0/] Msg:EDMC.. to be honest I'm holding here but I can't guarantee we move up in after hours.