LLFH – Tim Sykes bought this today. It is a nice breakout, but it is OTC and the volume was only 622,000. I bet it will go up a little tomorrow and then be choppy. I will not buy.
RXII – I think I’ve written before that stocks on short watch can make nice buys. This was a nice buy today. Still on short watch.
MTSN – Nice breakout to 52 week highs.
BZH & HOV – A couple homies that are doing nicely in the last couple days.
FMNTQ – If you like bankrupt pinkies, this is a beautiful breakout and it has done well on past breakouts.
TSYS – Nice breakout; some resistance from early 2009.
0 thoughts on “Watchlist for Thursday”
Check out CWBS tomorrow as well… solid uptrend, looks like it could breakout.
Judging from the chart I would bet that there is substantial fear that CWBS is going bankrupt. If anything this could be a nice short on weakness … two strong up days, one volatile day that ends only slightly up. I would expect it to drop 10% tomorrow. I won’t trade it, regardless.
Dang! Forgot about FMNTQ what a sick move Reaper!
[Nov 18, 2009 8:16:23 AM PST] InvestorsLive ough, FMNTQ I had a side bet with some1 in here at .30 cents that would go to a buck..
[Nov 18, 2009 8:16:31 AM PST] InvestorsLive dang ha
Your scanning has come a long way – you must have changed a few settings here and there from a few months ago (not that it was bad before) but it’s just of more interest to me these chart set ups are all awesome and my type…. I missed FMNTQ and few others
90% of what I put up comes off my simple 8% gainers scan. I haven’t changed the scan. If my scans have gotten better, I sure as heck haven’t been trading better!
haha, well the cherry picking is good
Why 8? Magic number 🙂 ?
“FMNTQ – If you like bankrupt pinkies, this is a beautiful breakout and it has done well on past breakouts.”
But LOW volume!
DPTR . potential breakout at $1.40… needs a push of volume
RAD up on Earnings…
PIR possible breakout.
Michael, on your 8% scan, what volume are you using. I use 100k, which is why I’m always coming up with lower volume plays, just wondering if I’m wasting my time with that.
If you play something with 100k volume with 500 share positions, it is doable. But I wouldn’t want to play with those. The volume is really up to you. I used to play lower-volume plays, but I don’t anymore; they are too frustrating.
AIR gap up . still in play? possilbe morning spike?
i cant get out of LLFH!
And I couldn’t get in! I’ve been trying to short big since 6.32 but my orders didn’t even get acknolwedged until 6.22 and I only got 200 shares filled at 6.22. 🙁
Covered at 6.105 +$24
That is why I hate trading OTC stocks … the fills suck.
out at 6.13, loss of $-130
still ltos of buyers
QMM nice b/o chart with low volume.
SNIC nice b/o chart with low volume.
Just bought DCGN @ .23. It published findings on T2D (type II diabetes) and stock jumped yesterday. Another NLST super-nova in the making??
DCGN has a great history of great scientific discoveries but an inability to monetize them. Considering it is in bankruptcy, I would be loathe to buy it.
I’m with Reaper… Just drop it.
VLNC . IL just went long at 1.09… its basing out at 1.09 again i guess… what do you think about the play. its certainly down alot
no, he went long before the big spike; look at his tweet again. I wouldn’t long it here.
1.09 was support in March ’09
God… im having fun today 🙂
ahh i got the tweet after the spike.. i didnt see any volume anyways and jsut ignored it… Looking at PIR… fails to go RED.
wow… shoulda coulda woulda bought SNSS… Nice bounce
EXAS nice b/o chart.
WGO is running on earnings.
I wanted RXII to hit 3.80 again and test green… but the volume is just a joke… is it even worth trying to get a fill here?
Wow you ain’t kidding on the volume of RXII, I just had my alert go off so I posted, at that point I hadnt checked the volume.
PIR showing an afternoon ramp.
I played it long this morning at 5.21 and got out at 5.39 and 5.48.
I’m long again from 5.32.
You have any comment on the freaky results sykes claims on his site?
If he was 1/10 as good, you would have just given him all your money to trade.
imo, he’s posting fraudulent net results.
SOMX … basing at $1… Strong up day. Resistance at 1.50
The fall was kinda pitiful thoughalthough there was a large BUY order at about 3p.m.
PIR closed at 52 week highs….holding overnight
My bad….I mean it closed above its previous 52 week high