<p><font class="vb"><b>Investigation Closed - 03/19/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop </font></td><td><font size="2">Date </font></td><td><font size="2">Exit </font></td><td><font size="2">Verdict1 </font></td><td><font size="2">Verdict2</font></td></tr> <tr><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">----- </font></td><td><font size="2">---- </font></td><td><font size="2">--------</font></td><td><font size="2">--------</font></td></tr> <br /> <tr><td><font size="2">USAP</font></td><td><font size="2">03/15/07 </font></td><td><font size="2">45.98 </font></td><td><font size="2">44.07</font></td><td><font size="2">03/19/07</font></td><td><font size="2">47.78</font></td><td><font size="2">1.80</font></td><td><font size="2">3.94%</font></td></tr> </table></font></p>
<p><font class="vb"><b>Investigation Opened - 03/20/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop</font></td></tr> <tr><td><font size="2">------</font></td><td><font size="2">-----</font></td><td><font size="2">------</font></td><td><font size="2">-----</font></td></tr> <tr><td><font size="2">AXE</font></td><td><font size="2">03/20/07</font></td><td><font size="2">64.04</font></td><td><font size="2">60.94</font></td></tr> <tr><td><font size="2">UVV</font></td><td><font size="2">03/20/07</font></td><td><font size="2">57.45</font></td><td><font size="2">54.45</font></td></tr> <tr><td><font size="2">LAB</font></td><td><font size="2">03/20/07</font></td><td><font size="2">7.75</font></td><td><font size="2">8.08</font></td></tr> <tr><td><font size="2">OHB</font></td><td><font size="2">03/20/07</font></td><td><font size="2">10.12</font></td><td><font size="2">10.57</font></td></tr> </table></font></p>
<p><font class="vb"><b>Investigation Closed - 03/20/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop </font></td><td><font size="2">Date </font></td><td><font size="2">Exit </font></td><td><font size="2">Verdict1 </font></td><td><font size="2">Verdict2</font></td></tr> <tr><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">----- </font></td><td><font size="2">---- </font></td><td><font size="2">--------</font></td><td><font size="2">--------</font></td></tr> <br /> <tr><td><font size="2">BW</font></td><td><font size="2">03/15/07 </font></td><td><font size="2">44.37 </font></td><td><font size="2">42.53</font></td><td><font size="2">03/20/07</font></td><td><font size="2">46.12</font></td><td><font size="2">1.75</font></td><td><font size="2">3.92%</font></td></tr> </table></font></p>
Investigation in OHB was closed today. Two further investigations were opened - a long in MHS & a short in LEV. Details to follow...
Sorry. The investigation in MHS did not actually trigger, so only one investigation was opened today by Mr Leon.
<p><font class="vb"><b> Investigation Opened - 03/21/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop</font></td></tr> <tr><td><font size="2">------</font></td><td><font size="2">-----</font></td><td><font size="2">------</font></td><td><font size="2">-----</font></td></tr> <br /><tr><td><font size="2">LEV</font></td><td><font size="2">03/21/07</font></td><td><font size="2">10.63</font></td><td><font size="2">11.17</font></td></tr></tr></table></font></p>
<p><font class="vb"><b>Investigation Closed - 03/21/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop </font></td><td><font size="2">Date </font></td><td><font size="2">Exit </font></td><td><font size="2">Verdict1 </font></td><td><font size="2">Verdict2</font></td></tr> <tr><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">------ </font></td><td><font size="2">----- </font></td><td><font size="2">----- </font></td><td><font size="2">---- </font></td><td><font size="2">--------</font></td><td><font size="2">--------</font></td></tr> <br /> <tr><td><font size="2">OHB</font></td><td><font size="2">03/20/07 </font></td><td><font size="2">10.12 </font></td><td><font size="2">10.57</font></td><td><font size="2">03/21/07</font></td><td><font size="2">10.57</font></td><td><font size="2">0.45</font></td><td><font size="2">(4.45%)</font></td></tr> </table></font></p>
Mr Leon closed investigations in two shorts (LAB & LEV) and in two longs (AXE & UVV). Only open investigation is in IPAS puts.
<p><font class="vb"><b> Investigation Closed - 03/26/07</b> <table> <tr><td><font size="2">Ticker </font></td><td><font size="2">Bias </font></td><td><font size="2">Date </font></td><td><font size="2">Entry </font></td><td><font size="2">Stop </font></td><td><font size="2">Date </font></td><td><font size="2">Exit </font></td><td><font size="2">Verdict1 </font></td> <td><font size="2">Verdict2</font></td></tr> <tr><td><font size="2">------</font></td><td><font size="2">----</font></td><td><font size="2">-----</font></td><td><font ize="2">-----</font></td><td><font size="2">-----</font></td><td><font size="2">-----</font></td><td><font size="2"> ----</font></td><td><font size="2">--------</font></td><td><font size="2">--------</font></td></tr> <br /> <tr><td><font size="2">AXE</font></td><td><font size="2">L</font></td><td><font size="2">03/20/07</font></td><td><font size="2">64.04</font> </td><td><font size="2">60.94</font></td><td><font size="2">03/26/07</font></td><td><font size="2">66.54</font> </td><td><font size="2">2.50</font></td><td><font size="2">3.90%</font></td></tr> <tr><td><font size="2">LAB</font></td><td><font size="2">S</font></td><td><font size="2">03/20/08</font></td><td><font size="2">7.75</font></td><td><font size="2">8.08</font></td><td><font size="2">03/26/07</font></td><td><font size="2">8.08</font></td><td><font size="2">(0.33)</font></td><td><font size="2">(4.26%)</font></td></tr> <tr><td><font size="2">LEV</font></td><td><font size="2">S</font></td><td><font size="2">03/21/07</font></td><td><font size="2">10.63</font></td><td><font size="2">11.17</font></td><td><font size="2">03/26/07</font></td><td><font size="2">10.05</font></td><td><font size="2">0.58</font></td><td><font size="2">5.46%</font></td></tr> <tr><td><font size="2">UVV</font></td><td><font size="2">L</font></td><td><font size="2">03/20/09</font></td><td><font size="2">57.45</font></td><td><font size="2">54.45</font></td><td><font size="2">03/26/07</font></td><td><font size="2">59.91</font></td><td><font size="2">2.46</font></td><td><font size="2">4.28%</font></td></tr> </table></font></p>