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I am out of OVTI at 18.81. Loss on the trade of $76 per 100 shares plus commission. I am no longer interested in shorting OVTI unless this breakout is immediately reversed (today or tomorrow). Hey, it was a chart trade and one that needed to be done. Small risk, small loss.
I guess you meant 17.81 and not 18.81.OVTI is a very strong stock right now.Are you still in NUAN?
Yes, I meant 17.81. No, the last time I got into NUAN was short at 17.11. I got stopped out at 17.52. Prior to that I had been long from 12.82 and again at 14.81 and covered all the long positions at 16.82. I am on the sidelines right now. NUAN is trading in a range which has no meaning between 16.55 and 18.35. I have no feeling either way right now. Nonetheless, this last year and the first 2 1/2 months of this year, have been very good to me overall. Nice to hear from you.