K-V Pharmaceutical Company (Public, NYSE:KV.A) — buy on red/green or strength, although there is a bunch of resistance around $3.20 to $3.40, so not ideal
The Medicines Company (Public, NASDAQ:MDCO)– buy on red/green or strength or on $11 cross or on $11.50 cross (look up large long-term chart to see meaning of $11.50).
Midway Gold Corp. (Public, AMEX:MDW)– buy on break of .93 (hopefull in two days)
Rubicon Minerals Corp. (USA) (Public, AMEX:RBY)– buy on red/green or strength
iMERGENT, Inc.(Public, AMEX:IIG) — buy on 8.47 cross or 8 cross
BONU — nice tank today, it would’ve been on my watchlist but I could never find shares to short.
Disclosure: No positions. I have a disclosure policy.
0 thoughts on “Watchlist for September 3rd: Lots of buys”
Looks good, I’ve been out with clients trying to drum up some work so I have not had time to look at much. I will catch up in the morning, looks like my gamble with SVA might at least break even.
Reap…Very very cool blog! Keep up the great work and I enjoy following and learning from you!
hehe, spoke to soon, check out SVA this morning. They’ve had great news of H1N1 approval in China. Will be a good pre-leader long maybe.
PWRM is a promoted crap stock I think.
I must be brain-dead. IIG has no volume and there would be no point in trying to play it.
yea i concur with PWRM … never really took off, they made it look good breaking that resistance point with the night trading though…
well it is looking like all my picks were duds too. 🙂
Wow, did anyone catch IPII?
i caught IPII on 9/1 but it was just a simple breakout. Didnt know itd explode today and dont really care.. Good potential short today.
Too fast for me. I think if I trade today, it will only be from a breakout to hold overnight. Nothing looks good right now
I shorted it, although I was a wuss and shorted it too late, at 2.40. -$83
I should’ve shorted over $3 … but I chickened out and missed out on a nice easy profit.
its hard to predict tops tho.. u gonna look for an afternoon fade?
No — except for huge vertical spikes I don’t short when a stock is still up big on the day.
what is Gold’s ticker… i wanna see if it breaks the 1000mark
I just Googled “gold price” and a number of sites came up with it. 985 @ 11:26 EST
john, use GLD
NXG to pop 2.65
Out of SVA -147
Michael, what you think about SHZ breaking out, has some older resistance that if broke could run a little.
on the 2 break it could be nice SHZ
SPNG – could break .200… maybe not…
UTSI- might follow my up and upper pattern at around 1. and break the high of the day. if not then F it.
NXG – seems weak on breaking 2.65
IFON a fat finger short?
if it were it would be fading now … it isn’t up enough to be ideal for that. IPII was, though.
I should add that fat-fingered shorts are not worth most people’s time. They are higher-risk trades and occur rather infrequently.
If RBY can break 3.78 – maybe a breakout?
the problem with RBY is it is too tied to the price of gold (chart it versus GLD). So not interesting to me anymore.
GFGU – getfugu.com Just found them tied with SPNG in an article. Just needs to break 1.10
GFGU – more then 1.10 … idk its iffy right now confusing direction. i still want to buy regardless.
GFGU another promoted / scummy company, like SPNG. I am too afraid to go long those.
MTXX – is that what you’d call a short-worthy spike Reaper?
MTXX often spikes like that on rumors of news. It has done that at least two other times in the past two months. Each time it has held the spike well. Also, the percentage gain is relatively small (20% spike only). So no, not short-worthy.
Watch SVA (my favorite) for green red action, should have held on to my position. shoulda woulda coulda. lol
Other stocks moving on no news it had decent news this morning and just faded away.
i didnt see any plays today 🙁
I went short IFON 100 shares on the break of 2.00.
Damn we missed VION, from 6 to under a dollar, and I was watching that one to.
IPII is starting to fade, maybe a short tomorrow.
BGMO would be good on break of 1.00.