Wednesday, May 30, 2007

EICU

I mentione EICU two weeks ago at $8, now we see why there were so many June $10 calls, it is right at $10.

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05-16-07 08:12 PM

EICU popped up huge on earnings about two weeks ago. Now the stock price is coming down to the pre-earnings level at $8. The volume is light, but if you look at its June $10 calls, huge open interest (11,558) compare to May's $10 call (10), maybe people are expecting something for the month of June. It popped up to my scanner today, this is a stock to watch.

http://finance.yahoo.com/q/op?s=EICU&m=2007-06
http://finance.yahoo.com/q/op?s=EICU&m=2007-05

EICU charts:
http://charts.dacharts.com/2007-05-16/smallkap56.png

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