Tuesday, 20 March 2012

Perfect PATH & AMPE Trade Plans

Yesterdays PATH  and AMPE trade plans were spot on.

PATH - no NDA filing announcement on the earnings call and the stock collapsed when the market opened. I covered some in the morning (4.01) and the rest in the afternoon (4.13). 4.87 entry.



AMPE - I was hoping for a pop and got a nice assist from another company press release. This one was concerning a successful patent application. This was positive but the patent application was expected to be successful. I went short at 4.37 on the morning pop.


AMPE has $11m cash. Dilution likely over the next few weeks. I am expecting the fades to continue. Had a weak close today, tomorrow looks promising. Hoping for some low 3 covers. 

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