Category: Watch List

On watch: Vonage Holdings Corp. (Public, NYSE:VG)

Vonage Holdings Corp. (Public, NYSE:VG) is on short watch after a 400% move from yesterday’s open to after-hours trading today on no significant news. In the video I tell you just what I am looking for before I will sell it short. It is such a pretty supernova that nothing else seems worth watching tomorrow.


Disclosure: No positions. I have a disclosure policy.

On watch for August 24th: JEDI MIND INC (Public, PINK:JEDM)

Watchlist synopsis:

JEDI MIND INC  (Public, PINK:JEDM) – pump, buy (but only on strength as a quick daytrade)
RPRX – on verge of BK, big jump, short on green/red (higher risk though)
SBGI – good debt news, long on red/green, stay scared
XIDE – upgrade, long on red/green or 8 cross

Today’s video watchlist was uploaded to Youtube hours before it was posted here. If you want to get my videos as I finish them, visit my Youtube Channel.

Disclosure: No positions. I have a disclosure policy.

Watchlist for August 17th: Gencorp Inc (NYSE: GY) on watch

Newcastle Investment Corp. (NCT) had another nice white candle. I think this move is getting over-extended. It should make for a nice short on green/red action, although it might have another up day.

nct

GreenHunter Energy, Inc. (GRH), China GrenTech Corp. Ltd. (GRRF), and GENCORP INC (NYSE: GY) all had big gains on Friday and are on watch for continuation. GY had the strongest close so I may look to buy it if it shows strength tomorrow. However, considering it has some resistance in the $4.50 to $5.00 area (from last October-November) it may also fall and it could make for a nice short when it goes negative for the day.

gy

Disclosure: No positions. I have a disclosure policy.

Watchlist for Friday August 14th

Short and sweet tonight. I’m not a fan of being short over the weekend so I’m not aggressively looking to short anything.

TRX, Inc. (TRXI):  Nice big two day move on no news and fade after morning spike today. Would be a short on green/red action but it is lower volume and lower-priced so I will likely not trade it.

Newcastle Investment Corp. (NCT):  Nice move today and after hours it broke multi-month resistance at $1.25. A buy if it breaks $1.25 during regular trading although if it gaps up it will be much riskier.

Craft Brewers Alliance, Inc. (HOOK):  Beautiful move today. I almost bought it but instead bought TPI as it was a late hit to the pre-leader list; I was scared off because of lower volume.

GRRF:  Arggh. (No reason, just wanted to say that; too low of volume to interest me.)

Tucows Inc. (TCX):  Way lower volume so it doesn’t interest me too much, but that is a nice breakout on big volume relative to what it normally trades with.

Disclosure: No positions. I have a disclosure policy.

Watchlist for August 6th

There is not much to look forward to tomorrow. Instead, go back over GGC’s chart and study it. Memorize it. Such great opportunities are rare. Do not be like me: be prepared for the next one.

Also look at SUF as a potential long on strength only. It is a horrid company so I won’t trade it, but it may be good for a second up day.

Disclosure: No positions. I have a disclosure policy.

August 4th recap and watchlist for August 5th

I received some positive comments on yesterday’s video. In the future I will post trade recaps and watchlists in either video or text, whichever seems most appropriate for the job at hand.

Today was an all GGC day. I messed up my first trades, going long GGC (as I suggested in my watchlist from last night) on its cross of $27 (breaking yesterday’s highs). Besides messing up by having too tight of a stop (about 50 cents for my mental stop), I was unlucky.

BOT    200    GGC    false    Stock    27.3300    USD    SMART    09:31:35        1.00
+    SLD    200    GGC    false    Stock    26.870    USD    SMART    09:32:22        1.00

After my first attempt at buying I got back in and was stopped out again a mere 12 cents above the day’s low. Luck plays a critical role in trading.

BOT    200    GGC    false    Stock    27.1600    USD    NYSE    09:34:17        1.00
+    SLD    200    GGC    false    Stock    26.615    USD    ARCA    09:34:57        1.00

But no matter, that was only a $205 loss on the pair of trades. When GGC spiked to $47.19 (up almost 100%) I looked to short as it faded. While Interactive Brokers had no shares, Penson did:

GGC 200 shares shorted 39.8189 covered 35.81

I got almost exactly $4 per share on 200 shares, netting +$801.77. Overall, not a great day but not bad either.

+$596.77 for the day.

While I missed playing it, NLS from last night’s watchlist behaved nicely and would’ve made a nice short. VHC was down a little more. FRNTQ was up big.

Watchlist

GGC – Could be a nice short on green/red action.

FRNTQ.pk – Will be a good short on green/red action someday soon. Currently there are shares at IB.

WUHN – Up 60% on no news with huge volume? This thing will very likely be up big tomorrow too. Buying it when it breaks today’s high of $3.51 would probably work. Short on breaking below today’s close (but it is unlikely to do so).

Disclosure: No positions. I have a disclosure policy.

Trade recap for August 3rd & watchlist for August 4th

Today’s trade recap is in video format! Please take a look at it on Screencast.com to see it in high-definition.

Trades:

+ BOT 200 TSPT false Stock (NMS) 9.080 USD ISLAND 09:34:01 1.00
+ SLD 200 TSPT false Stock (NMS) 9.072 USD SMART 09:43:38 1.00

+ SLD 6,000 VHC false Stock 2.960 USD BATS 13:50:58 30.00
+ BOT 500 VHC false Stock 2.770 USD SMART 14:02:59 BookTrader 2.50
BOT 500 VHC false Stock 2.75 USD ISLAND 14:03:21 BookTrader 2.50
+ BOT 5,000 VHC false Stock 2.960 USD SMART 14:21:11 25.00

+$134.40 on the day.

Watchlist

This is a bit abbreviated tonight.

NLS – big move from $1.12 to $2.90 in eight days with no red candles. No news, short watch.

GGC – still on watch until it stops moving. I am long-biased. When this tanks it may tank quickly, but any strong move above today’s high of about $27 might make a good buy.

VHC – a bit choppy but still finished red without me in it. We should see more downside; I probably won’t play it but there is good risk / reward on the short when it goes red tomorrow. A tight (mental) stop would be a good idea.

FRNTQ.pk – up big on news it will get bought out of bankruptcy, likely by LUV. The equity is still probably worthless. Shares to short will be impossible to find though.

Disclosure: No positions. I am a customer of Tim Sykes and InvestorsUnderground and an affiliate of both of them. I have a disclosure policy that gives details on those relationships.