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Archive for May 21st, 2008

Stocks of Interest for Thursday the 22nd of May

Wednesday, May 21st, 2008

EPIX coming around off bottom, watch for this to hold $2.25 for a move higher. If it can’t hold it may need to consolidate a few more days, but if it does it may move towards $3.00.
EPIX
GTE extremely bullish move, watch for it to test $7 again, if successful this may just be the beginning of another squeeze higher. If it doesn’t break it, this should head back towards $5.50-6, then consolidate before heading higher
GTE

SHOR after a big big drop in January Shoretel Inc is heading back up closing at $5.18, I wouldn’t expect to much of a move unless it can break $5.50 and then its worth watching like a hawk.
SHOR

WPL needs to break and hold $2 to support a move higher, if it can’t I don’t really think its worth shorting…
WPL

Keep an eye on SION from an earlier scan HERE.

PDO and MXC are going to be VERY VOLATILE the next few days keep an eye on these! For some other funnier charts on these check this site out HERE.

What Do SINO and EFUT Have in Common?

Wednesday, May 21st, 2008

Well right off the bat, its clearly on the business model. If you dig a bit deeper you’ll see Sino-Global filed an initial public offering of 1.2 million shares priced at $7.75 a share. Anderson & Strudwick acted as the lead placement agent for the offering

If you go back Anderson & Strudwick Closes $6.8 Million IPO for eFuture Information Technology Inc. of Beijing, China. You can find the artcile HERE. Their website can be found here: http://www.andersonstrudwick.com/ It’s worth watching because at the time EFUT was in a hot sector and the float was soaked up by more than likely a bunch of hedge funds who decided to squeeze everyone for over 500%. Well, previously covered DRYS which we saw breaking out to more highs most recently is ‘hot’ and some of the investors may find this as a cheaper alternative buy or traders may find it as an alternative sympathy for the following three reasons:

1) Anderson & Strudwick connection
2) Momentum coming off of DRYS
3) Low flight (besides the obvious reasoning behind why a low float is important or attractive -  I think its  self explanatory with the most recent rocket ships MXC and PDO as to what can happen when a low float stock squeezes everything in sight.

Hey, it may do nothing but its still worth putting it on your radar screen especially the multi dollar swings traders nailed in chat today.

EFUT
EFUT

SINO
SINO

DRYS
DRYS

(AMEX: PDO) (AMEX: MXC) (AMEX: FPP) You Name it, Come Trade it!

Wednesday, May 21st, 2008

These stocks are all at very critical points. On the verge of breakdown many times only to be squeezed again, come join us to receive others opinions regarding these stocks and more.

Join us in Chat today if you haven’t already
Chat

MXC
MXC

PDO
PDO

FPP
FPP

LDK currently on the verge of breakout over $45
LDK

When MXC begins to fall keep an eye on PDO because it should follow suite if the same players are trading both. $55 may be top here.

Under the Radar Stocks Making New Highs

Wednesday, May 21st, 2008

KYUS continues its march towards the $3 mark. This dipped, consolidated and was heavily supported for the next move higher. It seems like people are still receiving mailers so it may be one batch after another of mailers.
KYUS

AUSE taking out more highs from scan HERE
AUSE

BSHF still taking out more highs, this has a lot of volume so it leads me to believe it will have a lot of strength..
BSHF

NWCI marching foward as well taking out more and more highs
NWCI

BWMS spiked 7% today
BWMS

MCKE
MCKE

PIVN low volume added to watch, it has been sneaking up for a few months now
PIVN



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