August 26th, 2008
MITI great short past 2 days, probably basing around mid/low 6’s.
NOBL just under $6
BORL over the $1.75 resistance
COIN always a good short look for it to test last high mid August, if it breaks carefully watch for a better entry, if it doesn’t it should be its normal 1 dayer

IPII up a ton, BUT low volume so be careful, if it shows weakness it’all probably come back under $3 rather quickly

RBY spiker today watching for weakness might have another day in it

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

SMCI just starting to watch this one - watch for the test of $11+ or higher on a spike hoping to get a shorting opportunity once it breaks

Tags: BORL, CHFI, COIN, IPII, MITI, NOBL, RBY, SMCI
Posted in OTCBB, Plays | 15 Comments »
August 25th, 2008
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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.

CPSL slight reversal I’d like to see this test $6 - $5 may be decent support, $6 could cause a squeeze will zero in on it at $6.

SQNM holding its 400% gains with no issues, $23 break is going to squeeze towards $25+

TSYS back testing $8 again - if it fails and shows weakness might be worth it to join the bears

MITI great short today we’d been monitoring for a few days now the test of $8 failed and a nice correction.

NOBL holding all gains - a break of $6 will cause a squeeze in my opinion

Tags: CPSL, MITI, NOBL, SQNM, TSI, TSYS
Posted in Plays | 28 Comments »
August 24th, 2008
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BORL - $1.75 break should cause a squeeze. This one’s good if it holds $1.60-1.65 range. Volume starting to pick up looks pretty bullish

CSUN originally expected a nice shorting opportunity on a spike, but this turned into a gradual move through the day and ended the day extremely bullish. I expect a gap over $12 and potential squeeze than I’m monitoring for a short. More comments tomorrow as I’ll probably play this.

CSGH nice consolidation, if it breaks/holds $1.25 looks nice like a nice short term trade - double up on the $1.50 break

VASC from scan here, border line breakout should squeeze if it holds $9, if it doesn’t forget about it..
VASC $9 break could carry out a squeeze, towards $10, I’m watching more for the parabolic action to short on, which should happen soon given a $.75-$1.00 spike

RHD decent gains the past 2 days from $2 bounce, don’t marry it - if it test $3 and fails, a $1/share profit is not a bad gig for 3 days.. don’t be greedy. You can always buy it again if it keeps running and squeezes over $3
Scan here
RHD I like this for a bottom reversal with a stop at $2, volume returned today if it can hold $2 start position is probably good, followed by an add on the previous top.

Tags: BORL, CSGH, CSUN, RHD, VASC
Posted in NASDAQ | 20 Comments »
August 22nd, 2008
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From scan HERE and last night HERE.
RHD I like this for a bottom reversal with a stop at $2, volume returned today if it can hold $2 start position is probably good, followed by an add on the previous top.
Nice reversal today right off $2 mark, $2.50-$2.60 break should start some covering since that’s previous highs, this has room to play towards $3 on the break, if it has a tough time what’s wrong with 20% profits in one day?

SOLF couldn’t have asked for a better dip out of the open to close near the high! Watch for the $20 break for another squeeze.
SOLF from scan last night in play, watching for more of a dip out of open towards low $18s and will post comments at that time, hopefully we get another good trade like today’s near $1.50/share profit HERE.

CSUN looking like its going to test quite a bit more than $12, extremely nice squeeze today after dipping. This is a very bullish move!
CSUN hoping for a squeeze through $10 towards $11 or $12 to open up a decent shorting opportunity

I will have more this weekend a few other recaps and a scan Sunday for Monday’s trading day. Enjoy the weekend!
Tags: CSUN, RHD, SOLF
Posted in Recaps | 2 Comments »