Monday, November 9, 2009

Tim Sykes' QXM trade, Nov 4, 2009

QXM day Tim Sykes trade
I continue recording and researching trades published by Tim Sykes on his site for fun and self-education. QXM was bought on Nov 4 at $4.61 after two consequitive days of openings with gaps, sold on the same day at $4.89. This is one of those numerous cases when the stocks start to "get noticed" for no apparent reason -- I was not able to identify surfacing of "news" related to the company last week when the stock began moving. Checking e-mail spam could be a good idea but I am just beginning my research in how to implement this technically.

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