April 6th Recap

At market open I bought MEE April $50 Put @ 2.45. Watched it drop and rise all day until finally I decided that I had a moral issue with profiting off of Massey due to yesterday's mine explosion (currently 25 dead 4 missing). I sold near market close at my entry point only suffering the commission. Overall MEE closed down 11.41% so that would have been a great trade if you were in it. BAC saw a great gain today and closed at $18.49 above it's resistance point:










I suspect it will continue to the upside as this is the third time it has tested that resistance line.
IMAX: Saw some profit taking today. How to Train Your Dragon posted some great numbers (see below) watch for a climb into earnings release.
FLS traded at its 52 week high today. Will wait for further movement before I enter.
PCX gained roughly .9% today.
RDN had a 2.32% pullback today. This would be a great time to enter.
NFLX gained a whopping 4.23% today. I think there is still a lot of movement left in this stock. The more Blockbuster and other brick-and-mortar video store's profits suffer, the better NFLX will do. Right now I can watch NetFlix movies on my computer, my TV and my xbox360. Soon Netflix will be available on PlayStation3 and Wii. I can't think of anywhere Netflix wont be. Competition? What competition.
DWA had a dip today that would have been a great buying opportunity if you caught it. The stock came out of the dip with some serious volume. The international sales numbers for "How to Train Your Dragon" came out today:
Production Budget: $165,000,000
4/5 Worldwide Gross: $198,570,813

If you're not following PaulWoll on twitter you should. He gave some great insight into DWA today that I believe has gone unnoticed by the market. PaulWoll believes and I agree that once these numbers spread around the analysts that downgraded DWA will take notice.
Updates on this movie's gross can be found at BoxOfficMojo.com

Off to class. I wrote this post instead of studying for my test. Priorities hahah.