Wednesday, February 6, 2008

SIGM $44.01

Sigma Designs, adding spec stake (25% of full position). Buying the 200 dma. Contemplate adding again if it can blow through $47 on big volume.

3:05 Update:
SIGM at 40.80, one of the quickest -7% in recent memory. Precipitous drop from from $42 to $40 1/2 between 2:05 and 2:20 on big volume. Close to pulling out.

3:55 Update:
SIGM out. Absolutely ridiculous.

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