Thursday, January 15, 2009

CVTX is breaking out nicely to the upside and has been creeping up all week against a down market.

This looks potentially explosive here.

It is now at $10.65 and looks like the steam is really building here. A move to the $14 area looks imminent.

The April $10 calls that have held their value since I reccomended them a month ago at $1.50 are at $1.85 now and I expect at least $4 each over the next month. (They got as low as $1.10)

You could even buy the February $10 calls here at $1.25 if you can get them.

THIS is the time to pile on a stock as the train leaves the station

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