MGI- Moneygram

I bought 500 shares for 1.91, has nice day ranges up to 2.42 today. Your thoughts?

 

this one is a tough little cookie. Could keep heading up tomorrow. their outlook is negative. I think it should drift down to the 1.75 level where I would definitley bulk up on it.

 

shorted it with 10kshares from 2.7~2.5, it will drift down to 1.5 under. most penny stocks are pumies and dumpie.

bought 5k VNDA at 3.91, 5k NURO at 1.83.

 

i thought it would fade today. looking tempting now. i bought some. at 2.01

any thoughts?

 

sorry,nothing

 

They've just been acquired by Thomas H. Lee today!

http://pgdatahotel.net/pdf/princess_prs_3019_2008_4_en.pdf

Woohooo!!

 

that piece of news came out on the 25th of march. the stock is down 40% in the past few days. I will take a position at the open this morning.