An abbreviated and late watchlist today.
AHD, CIIC, SNS, CGEN, PSDV, ATHX are all potential shorts on weakness. ATHX and CGEN are probably the best setups. SNS is the dark-horse.
33 thoughts on “Watchlist for Christmas Eve”
here are some comments from the last post relevant to today:
I thought CGEN might open green and then come down but it’s fading already. As long as it doesn’t gap down.
Tim is in Aruba!
I rebuilt the refinery there in 2001 after a bad fire, I lived there for 7 months, awesome place. I cried when they made me leave, like two weeks after the job was over. 🙂
Ameriturd has QCOR shares to borrow, lots of resistance ahead for that one, will be looking for HOD short, hopefully like CGEN yesterday.
CHTL ‘s bid is at 1.46- 1.47 .. Market Manipulaters?
theres been no orders
wow CGEN, I hope someone got in.
yeah, I got in long … 😉
I flipped it short but covered literally 2 seconds before it dropped from 4.42 to 4.28.
-$28 on the trades.
CHTL is killing me… its setting up to be a perfect pump
Don’t get greedy john, reaper doesn’t hold long enough and you hold forever…:) lol
QCOR showing strength and volume long.
Damn, disregard this comment, that was a good fakeout.
GLNG breaking out, volume still low.
I’m short CGEN at $4.37, kinda late, sucka could just dive for me, I hope it’s not a double bottom
Argggh! I nailed the SNS short call, now $12 less than when I looked to short it earlier. I had my order all prepared but just didn’t sent it.
sh CGEN at 4.39 w/ps at 4.47…..filling that huge gap, but where is support to cover?
rob, I normally just pay attention to volume and price action on this type of play; volume fading nicely and price action acting good too, if you are patient it will come down more…. slowly. IMHO of course
i sold CHTL right at open, thats why i was upset.
But ur right i do hold forever… im still Short ATHX at 6.06 and lost about 40 cents of profit since the open… now its at 5.75, i’m still waiting for it to reach 5.40’s again or so..
Volume has dwindled to about half of what it was for the second 30 minutes of the day
ATHX just gave out a bonuses exceeding 50k to several directors… not sure what to make of that…
Not a big deal, IMHO.
nice play on CGEN guys.
John, I’m following you on Twitter now.
get – http://www.tweetdeck.com/ if you havent already. its good in that it pops up a small window whenever the people you follow have any trading ideas or interesting charts.
AMTD has no shares of ATHX to borrow, not sure I would here but it looks tempting. These higher volume plays mess me up, I have a hard time finding a entry for shorting.
ATHX will probably crack 5.65 soon
I admire everyone’s dedication but, sheesh, take the day off from trading, or at least the rest of the day.
Not that I’d ever do that, though …
haha … trust me i want to.. i gotta finish christmas shopping!
you know what sucks… im waiting for an afternoon fade… and there wont be an afternoon trade…
lol, that’s like the pot calling the kettle black. 🙂
I haven’t made any trades, just watched. Something I noticed yesterday was the HOD shorting I have been doing has changed back to pre-earnings type moves. With CGEN yesterday it was up big and it scared me off, I have gotten use to the 25-45% movers before going short. Of course we know what happened to CGEN, it fell nicely for a would be nice gain with even a botched up entry. Before earnings I was playing the 80 – 100% movers and making easy money on a high percentage. Keep in mind there were only a dozen or so before it changed. But then I got really comfortable with going short a 30% mover, it took a little while because I thought it wasn’t up enough.
SO now it’s back to the drawing board, next week, time permitting I am going to try a big mover with the right conditions of course.
I know y’ll miss my rambles. 🙂
What possible good news could come out if i were to hold ATHX over the christmas break? … seems like the deal hasn’t official gone through with PFE. is that it?
I don’t want to pull out because of the daytrades, and it seems to be struggling big time.
Well, they could get bought out. You never know. I would not hold anything over a long break like this.
I used the TOS chat and wished all the reps a merry christmas.