Watchlist for the 13th of December.
by Mike on Dec.12, 2010, under Finance / Trading
THC – Broke out on positive (ish) news of them rejecting a takeover. Could keep going a little, but this is a real company, and very liquid. So it will probably be all over the place.
ZIXI – Nice little breakout here too. I took this trade not because I like the story or anything, but the risk is extremely limited. You could lose on this 100 times, and win on it once and make money.
INHX – 3.00 is the key here. Potential long if it can hold.
JTX – Lionmaster involved in this one, Lots of resistance at 1.50. Be careful though, he can manipulate this higher through his followers. This one also likes to spike up at tax season, so I am thinking he is using that as a catalyst as well to influence the dumb money. Potential short.
COUGF – Nice breakout back at 2.50, but this is a pump. Potential short now.
CAPS – Seeking alfa article spiked this one (surprisingly the author of the piece is long the stock. (and yes I am being sarcastic)) Potential short. Here is the article. http://seekingalpha.com/article/241102-capstone-therapeutics-looking-to-capitalize-on-the-growing-dermal-market?source=yahoo Seeking average is an awesome stock promoter lately, even though they don’t get paid. Gotta love it.
ACPW Spiking up again, but I don’t trust it. Waiting for it to act right so I can short it.
NENE – The old OCTL. Potential short eventually, no shares that I can find though. So it probably won’t matter.
CWST – Over extended. Potential short.
HHWW – Big old pump. Potential short if you can find shares.
Read my disclaimer. Currently Long THC and ZIXI.
