I mentioned the other day when RRPH was trading at $2.25 that it reminded me of RRPH and compared the two. I figured if it broke $2.00’s the stock would crater. Well sure enough, it did. It’s unbelievable that it took nearly two years to get where it was at 52 week highs and only 3 days to crumble. Take a look at the chart today.

It’s possible that it bounces off the .50 cent level but the volume isn’t enough to make me interested. I think its basically a dead duck as of now.

GTXO started to head back up again - started to consolidate a bit, if it can break $2.50 it may be worth it for a move towards $3 but until then, I’m not convinced.

KYUS I would expect a move out of the gate to about $4.25-$4.30 fast.. then a dip back if it holds $4 it may be recoverable but if it doesn’t it’all be a short/long battle back to $4 and if they can’t squeeze it over $4 again it’s going to get top heavy fast - so be careful.

Sometimes doing a little due diligence can really pad your pockets! For those who traded SINO today - Sino Global Shipping America - they were rewarded a 53% gainer from open.

It was up nearly $7.50 today not to mention the $2 more dollars it spiked after hours. Now, do I think this will continue straight up? No probably not, not straight up but rather some spikes (especially out of open get everyone interested and chasing) then some walk downs, trying to fake all longs out and get shorts interested in short selling and before you know it the big longs will have accumulated the float yet again and shorts will be left covering at new 52 week highs (as we saw with FPP, MXC, and PDO). This is an EXCELLENT trade during the day and if you’d like to share your insight, trades and/or have questions feel free to join chat during trading hours (the more eyes the better and we have definitely been growing!) If you didn’t read last nights thoughts please be sure you do! HERE. Mid day update HERE today as well.

SINO - Sino-Global Shipping America, Ltd - Amazing trade today currently up +4.63 (33%), it was up as high as $5.82 today about 42% on the day alone! If you didn’t read last nights blog CHECK HERE.

KYUS another high flyer, hit a high of $3.98!! Congrats to anyone/everyone who has played. It may want to test $4 again, but if it can’t make it … gravity may kick in and we’ll see sub $3 extremely quickly. IT IS POSSIBLE HOWEVER that more mailers end up hitting and push this thing over $4 for even more of a squeeze, since there hasn’t been to much of a battle to date between long and shorts (the only battle the shorts lost). If this can break back over $3.90 and take out $4 this may head into tomorrow and squeeze out of open and top out tomorrow… or at times the last half hour of the trading day are the most brutal.

The play in my opinion is to take profits (at least 75% of them - or 3/4 your posistion) watch for it to consolidate and chase back once it confirms to be running again - thats only if you want in though. My thought is to become a spectator with a small portion of your shares left - the easy parts over now its going to be a long/short battle and the risk is greater. I’d rather have 1/4 left, chase back if it really starts running instead of having a full posistion have it start to sell off and compete with every other trader racing for the exits.

IDGI met a bit of risistance today at .91 - be very careful with this one… if you didn’t read the previous post regarding it please do so HERE.

Other stocks of interest: SATC PSPW.OB GSPA.OB

Off Bottom Stocks of Interest:

FMD

I will have more scans tonight, good luck and good trading.

Well if we hadn’t thought it hit its tops a million times before MXC finally may have topped. It is currently down 25% off its highs. I’d say a 30-35% pull back is extremely fair on a 600-1000% run from bottom…. That would sit it back to the $30 range. But again, anything is possible, it may squeeze back towards $40-42 just to keep shorts on their toes, but I do believe this heads back to where it belongs… and thats not at this level. Theres a point where it gets risky even for those big players that supported the entire move….

PDO and FPP are just following the momentum of the low floats and oil sympathy plays… and its possible that people have caught on to what I mentioned last night regarding SINO !! SINO is up 25% out of the gate this morning! Trading +3.50 on the day. This is a huge gainer not only from open, but from the $11-12’s yesterday in chat! Way to go! To read why I figured SINO would be in play please go HERE.