DARK HORSE HEDGE: BOOM! take profits and run
By Scott at Sabrient and Ilene at Phil’s Stock World
Buy to cover Dynamic Materials Corp (BOOM) at the Market, Friday July 30, 2010
In the spirit of "second verse, same as the first" Dark Horse Hedge will take advantage of the less than well received earnings report from BOOM after Thursday’s close to cover the SHORT position taken on 7/23/10 at $16.15.
BOOM is down over 9% for the day and we will replace BOOM with another short during the day as we monitor the market’s activity.
Check back.