RMIX – Another strong up day, could have another one, but odds are not as good now. I probably won’t play it because I know I’m not great at playing cheap stocks.
VVTV – Nice breakout yesterday and follow-through today. No easy play tomorrow.
RWC – Contract win today, but the total value is spread out over many years and many companies. It couldn’t do anything today after gapping up so I’ll look for further weakness tomorrow.
NLST – We’ve seen this kind of move before. If this goes green tomorrow or gaps up slightly I will be a buyer.
PIP – This is what happens to 90%+ of biotech stocks. It could bounce a bit considering its huge plunge. I won’t play it.
LZB – Nice breakout over $10, but it has been choppy and slow. I’m not going to try buying this again.
IFNY – Horrid little pinkie with no current financial information, up a bunch on a supposed oil find. That being said, the chart is bullish. I never recommend buying pink sheets or OTC stocks, but I especially advise inexperienced traders to avoid them.
HOKU – Crazy chart, but nice volume gain today. Maybe more tomorrow? I would consider buying on green, but it is right at resistance.
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
0 thoughts on “Watchlist for December 9th”
RHIE interesting chart. IMHO 90% chance it goes bankrupt, but stocks headed for BK can bounce hard (like USS and WRSP in summer 2008).
EONC has a nice chart, volume was decent today and could go higher tomorrow.
EONC has resistance and the volume is too low for my taste. Still, I did watch it today.
PCYC has a great chart, possible play on red or green.
Yeah, like the volume spike too. I still like NLST, RWC, and IFNY more.
Ok, one more and I’m off to bed.
CLWT has a possible b/o chart, it has some consolidation and the volume was decent today.
yeah agreed, I just try to pick around yours and sometimes it’s hard to do.
Definitely keep doing what you’re doing. I of course glance at many more charts than I post here and keep some on my watchlists.
hungh looks like you made pennystockchaser mad. Good thing you got that lawyer on retainer
http://www.prlog.org/ … [hyperlink redacted by admin to avoid bumping that PR up in the search rankings]
Hope you kick those losers in the behind.
Don’t worry Tasty … I am sure my top-notch legal team will do their jobs. I’m sure they wouldn’t want me to discuss pending legal actions, but as of yet I am not aware of any legal actions by PSC.
I just opened my platform for a few minutes and it looks slow, my 10% scan is small so far.
wow, GPOR breaking out, volume decent.
FSII nice b/o chart.
PIP on red.
#11) Are you screening for stocks with 10% gains? I usually lower it to 5-6% early on and jack up volume. Might have more to look at, but I can often catch the move earlier.
Rich, I have several scans with different volumes that I play with.
Whats your take on RWC … is this a good play going on ?
I kinda dont think so right now, strong support at 3.86
RWC’s failure to stay red does not make me want to short it here. I am not currently short it.
sounds like an optimistic contract… Legit shit. But its all Potential revenue growth, but a contract is a contract… And this contract is worth $750 million between them and how many other companies?
Is it just the shitty stuff I’m watching, or is this one of the quietest days in a looong time?
RWC is fucking pissing me off… its not even friggin moving……!!!!
DOW should have one more down day before rebounding.
NLST is moving… approaching $6