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Archive for the ‘Recaps’ Category

Recap: Wednesday’s Stocks in Play

Wednesday, July 2nd, 2008
Great trading day today!

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SQNM another great trade today, tomorrow looks to test $18. This has been very bullish all day. Looking for another full day of volatility tomorrow. ROYL lots and lots of volatility stemming from the movements in (MXC) (PDO) (FPP) etc.

SQNM I’ve been trading a lot the past few weeks along with ROYL due to its tendency to swing between .25-.50 cents numerous times per day. BUT, the past few days here its been tightening up and not providing as many opportunities. I’ve got it on radar now because soon some volatility will come in, either a squeeze towards $18 or it will top off - as shown below on the ROYL chart - as ROYL did today. So worth having up on your screen for the flippers.

SQNM

EGI from yesterday looking for the crap, sure enough back under $2.00 it went, down nearly 15% today.

From Scan HERE. EGI perfect breakout over $2.00 after the $1.80 break. Great .40 cents profit, watching for a gap and crap tomorrow

EGI

COIN - looking for the short today and got at 16% correction! From last night: HERE.

COIN  Converted Organics Inc - let it run out of open, after a potential gap then I’m monitoring for the short. It has room to run towards $8.

COIN

Take a look at the chart, gap and run out of open to $3.77  hitting a low of day of $2.58 which is exactly why we let it squeeze out of open, show the weakness and join on the reverse side. Nearly a dollar per share in profit (since I wouldn’t expect anyone to nail exact top and exact bottom) but you never know! Below is from last night HERE.

TGC  Tengasco Inc nice move today, the $2.70 break sent it soaring towards $3. Tomorrow may bring a gap and run at which point I’m looking for the short back under $3. No reason to fight the trend, I’ll wait for it to top. Today’s move good for $.30 cents so far from the $2.70 break.

TGC

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(VEXP) Settles Back Into Sub Dollar Range

Friday, June 27th, 2008

VEXP great drop here where it was unable to break $1.25 a great nearly .50 cent short, I’d suggest probably closing the position here. This is the previous scan HERE.

It may be able to carry some mometum if you look far back on the chart its been a huge squeezer in the past before it’s reverse splits. However, if its unable to break $1.25 in the morning… and there are shorts available it may be worth taking a test back to sub dollar land.

VEXP

Thursday Night Scan for a Normally Slow Friday

Thursday, June 26th, 2008

Tomorrow I’m looking forward to about two things: A few trades in the morning and LiveStock between 1PM-2PM EST.

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BBX Bankatlantic Bancorp - needs to hold $2.00 and a trend reversal is confirmed, this has room to play
BBX

GSS Golden Star Resources Ltd. $3.50 break can send this one moving, but I’d watch to accumulated near $3.30 on a dip if it holds for the break through $3.50 rather than chasing it on the break
GSS

BWTR Basin Wtr Inc a good buy if it snaps $4.50.
BWTR

UXG US Gold Corporation coming off bottom needs to hold $2, bottom watch reversal
UXG

Did you see IDAE and JHUL break outs? Visit HERE for info.

Recap: Heres a Few to Watch for Wednesday June 25th!

Wednesday, June 25th, 2008

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These are from last nights scan here: Not Much on Scan - Here’s a Few to Watch for Wednesday June 25th!
IPSU from $14, revisited last night broke through $16 today!

IPSU from scan HERE - held the $14 and broke higher, watching for a move towards $16.

IPSU

NVTL revisited last night - beautiful breakout over resistance levels last week.

NVTL - a great play on the $12 break, its come right back after consolidation.

Novatel Wireless Inc (NVTL) sitting just below $11 - this has closed the gap from mid April and is in squeeze mode after testing the $10 support today, watch for dips for the move towards $12+

NVTL



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