Watchlist for 11/29/10 Go Seeking Average!!!!!
by Mike on Nov.29, 2010, under Finance / Trading
Seeking Alpha doing a great job of pumping up stocks lately. A few of the stocks below didn’t take me too long to find some seeking alpha flunky talking positively about their stock (which they coincidentally own shares of). Gotta love the holiday pumping season!
DMC – Made like 5.00 after commissions. This thing was boring, and I had to work.
VTRO – Followed a timalert, I believed he was right for the same reasons, but I was ignoring the price action in the same manner he was. Good lesson, unfortunately it takes losses to teach those lessons. That lesson is: Make my own trades, and follow my own rules. You think I would learn
Loss of around $200.00. Will verify it when I get home from work next week. Still a potential short.
AENY – Dead Pump Bouncing!!!! Potential short soon.
IGOI – Potential short term long. Seeking Alpha article spiked this a little. Hope they pump it up more. Will probably be a decent short when the pattern is right.
MRVC – Potential Long on the 1.60 Break
MITK – Wait for the hype to fade, and it will. Potential Short.
FTK – Overextended. Potential short soon.
AKRX – 5.50 break for the potential long. Possible swing, this one doesn’t seem too volatile.
HLYS – Potential long.
Read my disclaimer page. Currently no positions in any of the stocks mentioned.