WATCH LIST COMMENTARY:
WATCH LIST: TEN, AMR and CAL all drop below the STRIKE PRICE
BRLI comes off of WATCH LIST ($21.50) with close at $21.56
BOOM - drops again below our WATCH LIST price of $31.50 with close at $30.90
AMAG - drops slightly more below the WATCH LIST price of $31.50 with close at $31.27
CAL - Again, oil prices and after thoughts of terrorist foiled attack not only keeps CAL under our WATCH LIST, but drops CAL under the STRIKE PRICE. Let's hope for a little bounce next week.
AMR - closes at $18.83, this one got hit pretty good. I thought we would made a better stand at $19
of course the stock still is on the WATCH LIST, but seems to face a big test next week
to get above $19, yet alone $20 come next Friday. Keeping out fingers crossed.
TEN - continues the downside parade, another down day closing at $22.44 not only remaining on our WATCH LIST, but dropping under our the strike price of $22.50. Another to watch on Monday.
GM- conitnues its descent to $30.61 which is below $31.50 WATCH LIST Price
and remains on the list
CURRENT ISSUES on WATCH LIST: 8-11-06