Jamdat Mobile

If my email is any indication, more than a few of you are focused on shares of Jamdat Mobile (JMDT). Call me clueless, but I'm having a tough time getting overly excited about the story here (games for your cell phone). But, then again, perhaps I'm just getting too old. I actually use my cell phone to make calls!

Still, as we see from the unusual high-volume activity today, the hot money is trying to fill the upside gap created last November. I've got no problem with that and if you're trying to grind it out, be my guest. The problem is that we've got another gap lower to contend with, and while that isn't in play at right now, we have to put that into the mix. Gun to head, I think JMDT still goes higher, but please be careful and use rolling stops when trying to hold this tiger by its tail.