Watchlist for March 3rd

WKLI – The new pump, with one promoter being promised “up to $500,000” and one getting 1.5 million free trading shares. No clear play; it will gap up and after that who knows, just watch for now. Potential short in a couple days.

wkli

SQNM – Looking overextended after the run due to an analyst raising the price target from $4 to $16. Potential short on weakness.

sqnm

VSTNQ – Short on red.

vstnq

SCEY – This was the first OTC stock I shorted, when it was pumped to about $1.50 back in the summer of 2007. I will look to short if possible on weakness. Still too cheap and low-volume for my taste.

scey

MERC – Beautiful breakout. Potential long.

merc

YUII – Breakout, watch for continuation.

yuii

STXXQ – Potential long on r/g or any sign of strength.

stxxq

EONC – Low volume, but potential long.

Disclosure: No positions in any stock mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

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