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Archive for August, 2008

Hot Stock Scan for Friday the 29th of August

Thursday, August 28th, 2008

Tomorrow will be a potentially slow day due to the holiday weekend. At the same time, their may be less sellers sticking around for the long weekend and instead some nice squeezes. It’s always an interest day in the past years I’ve been trading…

Well there sure were a lot of breakouts today, that’s for sure. I won’t list the charts of all, we know what they were: ABK, FED, MBI, FNM, FRE (was lagging) LEH, GS - more weight the first four in the range that I enjoy playing. All of which I’m looking for a further gap and squeeze and possible sell off, but nothing more than a trade. These are complete short squeezes and taking a gradual week long bullish move and apply the gas this afternoon into the close. I’ve focused on a few of the less popular stocks that are in play that won’t be backed by WSJ, CNBC and others.

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STXX originally a Lebed pump, a huge sell off, a large bounce, and huge shorting opportunity and here we are again another spike and potential shorting opportunity. Extremely low volume, spreads aren’t TOO bad which is hard to come by with stocks that trade this low volume. Watch for the test/break/failure of $4, need a $.50-.75 spike to get my interested for a starter short position after that I’ll add on weakness - $3.62 currently in the past it tends to gap heavily the next morning nad sell off through the day

ZINC should test over $8, very bearish over all though, if it can’t continue to squeeze over $8 I’ll join the bears, its at previous resistance now, if it breaks look for mid 8’s to 9 to top out, I doubt much higher

TAYD watching for a gap test of $8 and weakness. It’s possible if it breaks last highs that it continues and it bases in the mid $7 range to support a move much higher. Superman HERE enjoys/has played/will play/is playing this stock and I’d watch for his thoughts on it if historical moves mean anything to you.

PBNY I’ll buy the $14 break with a stop just under it, pur ebreakout chart here ready to test $15

IDMI gradual climber, lots of volume today and close HOD, this is bullish hoping for an accelerated move towards $4

UFI similar feeling as IDMI, $4.50 appears to be a magnet after that I’ll begin monitoring for any acceleration in the move as we saw today on RHD

Few other short potentials can be found HERE.

Last nights scan HERE turned out nicely on the short potentials IPII and FIGI as well as the STSI breakout, watch for a squeeze if it test $3 again tomorrow.

Hot Stock Scan for the 28th of August

Wednesday, August 27th, 2008

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IPII trades very thin, so its important to be careful, a lot of resistance at $5 but I think the play is tomorrow watching for either a gap or crap or a squeeze at some point to take a start position on, once it confirms weakness and begins to sell off I’ll add to the position. If it channels like someone today was posting on the comments you can probably trade that channel for .20-40 cents a few times if it repeats today.

FIGI biggest gainer today, had trouble with $2.50, watch for this area tomorrow, again be careful its low volume, it’d be nice if this went another day large because we haven’t had any large spikes recently more comments tomorrow during the day

STSI mentioned earlier today, broke yesterdays high, $2.75 break may send it towards $3, $3 break will cause a nice rush higher, $2.75 break (add 1) $3 break (add 2) spike (sell) is the play I’m looking for. From scan HERE

STSI biggest gainer today - watch for the gap and test of $3 out of open, if it fails it’ll probably be a great short back towards $2.50 - they had a court ruling in their favor it seems it gapped down from $3.50 and $4 so keep those areas in mind if it holds and breaks $3.

RHD I have been monitoring past few days, striaght up since the $2 reversal, $3.50 nearing in, will be monitoring for weakness hoping for a parabolic move

Stocks that make you go hmmmmm

CHFI turned into what was expected, will be monitoring from here - last nights scan here.

CHFI.OB (CHFI)just watching now to see if it turns into a wild low volume spiker

BORL also continues the move!

Some OTCBB Stocks of Interest (NAEN) (PFFB) (SPLM)

Wednesday, August 27th, 2008

Here’s a few that came up on my OTCBB scan only two I’m really interested in is PFFB and SPLM, THMD only if it breaks out like BWEN back in the day where it had some nice downside after the parabolic move.

NAEN and GCHK from scan here earlier today you can view here.

PFFB very nice reversal here, looks like a break out of consolidation, downside potential is about a dime and it has a long way it can go.. take a look at the 1 year chart below

THMD breakout from scan back here, consolidated quite a bit, looks like 1.5 million shares crossed and right up again - This one uplisted to a higher exchange as expected, at some point but nice break out here any parabolic move could provide a nice short opportunity

SPLM breakout chart nice break out here, been quite the walk up as of late

PAPA not much to say, except WTF ?? we’ll see what happens here.

(BORL) Nearing $1.80 and Two New Added to Under the Radar

Wednesday, August 27th, 2008

BORL slow and steady it’d be nice to see a breakout/squeeze towards $2 though

NAEN very slow move here but sneaking in buyers .01 at a time, I have it on Level 2 and have been watching it all day

GCHK sneaking up slowly, watch for continuation and more volume to kick in, looks decent so far

RHD fighting today longs/shorts



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