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Monday, May 23, 2011

CKSW

CKSW is on the earnings list, so supposedly I'm on top of it, but I didn't see this until it hit the new highs list, quite late in the day. I have no idea what was behind this move (if it is a buyout rumor, it did not hit the mainstream news), and this actaully gapped down this morning and didn't do anything until just before 3 pm (EDIT: Apparently Cramer mentioned it on CNBC). The chart doesn't look bad, but not that good either, and if it was a rumor, and it turns out not to be true, it's going to come flying right back down.

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