Watchlist synopsis:
JEDI MIND INC (Public, PINK:JEDM) – pump, buy (but only on strength as a quick daytrade)
RPRX – on verge of BK, big jump, short on green/red (higher risk though)
SBGI – good debt news, long on red/green, stay scared
XIDE – upgrade, long on red/green or 8 cross
Today’s video watchlist was uploaded to Youtube hours before it was posted here. If you want to get my videos as I finish them, visit my Youtube Channel.
Disclosure: No positions. I have a disclosure policy.
I really like the watchlist video where you explain your reasons with charts and past price action, which is what I need the most help on.
Hey Michael, I am new to trading and wondering if you could tell me what you mean by red/green, green/red action (I think I can figure this one out but just wanna make sure) and 8 cross. I’m davy917 on timalerts. BTW great site..
Agreed, although more work, the watchlist video is very helpful.
Reaper
have you looked in HLXW.ob (Helix Wind) at all?
I know the stock hasn’t moved much lately but some dude from their company keeps spewing platitudes at a two month old writeup I did on them. They are hilariously bad and vague and new agey.
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=210642&t=01001099994698083105
Also they’ve hired promoters apparently so it may be one to watch for increasing volatility down the road.
Dave — see the FAQ: http://www.reapertrades.com/faq/
By 8 cross I mean when it crosses above $8.00 per share.