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Posts Tagged ‘GETG.PK’

Monday Night Stock Scanner for Tuesday The 8th of July

Monday, July 7th, 2008

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A few recaps first:

GNLK for the OTCBB players this one is still on watch for that .50 break,.10k shares for a flip of .05 to .10 on the break could yield a $5,000-$10,000 profit quickly. From post HERE.

GNLK this may be a nice breakout over .50 if it can snap it and hold. Beautiful set up and happened to make my scan among other pinks/otcbb’s like FRGY and NCEY.

GNLK

ZZ Broke out today over that $6.10 mark closing at $7, watch this for a bit of continuation tomorrow and then consider taking profits in my opinion. From scan HERE.

ZZ  Sealy Corp - I like this chart, the volume starting to kick around, this is one that can really gain some momentum and sustain for a few days once it begins to turn, first buy on the $6 break second buy on the $6.10 break in my opinion. (ZZ)

ZZ

GDP - great short further than I anticipated back to below $70, if you haven’t covered, downside limited here in my opinion since longs are in control of the shorts.

GDP - Anytime you can pull a 2 month chart up and it shows $15 and $90 on the same scale you know you are dealing with a HUGE move. I’m looking for a gap and crap back towards the $75 range, I’m looking for a short as close to $90 as possible. If it gaps and shows weakness there may be a easy $2-3 dollar profit from today’s move, nevermind the past few months. BUT if it doesn’t and holds support here this could be setting up for a nice move to triple digits, but I’d still like to see consolidation around $75 before that happens.

GDP

AVCT  Avocent Corp - Four days of big candles, watch for the $24 gap and correction back towards $22.50 range. If $24 holds, be careful it could squeeze higher.
AVCT

LONG  Elong Inc - on watch for reversal here, $7 needs to hold could test back towards $8 for a .75-$1.00 bounce.
LONG

GETG  Green Earth Technologies Inc from scan HERE, huge break today, watch for the gap and test of $4 tomorrow and then start thinking about taking some profits.
GETG

MXC and PDO are on watch for a bounce after any large dips or gap downs tomorrow.

(PASO) was added to scan a few days back and highlighted today HERE. And (BSGC) be careful, post HERE.

Hot Stocks Worth Watching For Monday The 7th Of July

Sunday, July 6th, 2008

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Some OTCBB’s on watch from scan earlier today HERE.

SQNM Sequenom Inc - I have been playing this stock intra-day for a month now nearly every day, and we are at yet another break point. $18 break will toast shorts again, I’d imagine it gaps out of the open, retest $18 and may breakout towards even more highs. At the same time, it may gap and crap and finally sell of towards mid $15s which I have been (and I hate to confuse Tim Sykes “pennystocking” term) but literally stalking the stock for that weakness.
SQNM

PDO - was a great daytrade Thursday provided me with a near $2 dollar per share profit on the bounce, but managed to bounce over $4 from the lows. BUT profit is profit and you can’t look back. There are still a lot of shorts in this stock (PDO) as well as (MXC) and (FPP). Personally I’m not a fan of FPP, but PDO and MXC can squeeze on weak shorts covering at any moment - they’ll provide a lot of $1-$3 dollar swings to both the upside and downside but unfortunately their hard to get borrows. Notice how PDO held near $20 support where it consolidated May into June for nearly a month… it’s important to note these trends on the chart before jumping straight in (for example MXC didn’t hold its consolidation area around $30, although it may squeeze when it re-breaks it.. something to keep in mind)
PDO

GETG Green Earth Technologies Inc - This promo still has a lot of legs, potentially towards $4 but as of now not short-able for me anyway. Will continue to watch this one, if it consolidated and holds around $3 it may be a good move higher.
GETG

OSIR Osiris Therapeutics Inc $14 break may squeeze towards $15 its been a while since its traded over the $14 mark… and once it does it may cause a squeeze.
OSIR

VCI Valassis Communications, Inc - $13 holds this should be good for a reversal, if it doesn’t watch for it to cross back over $13 for the move, but Thursday candle looks rather bullish.
VCI

GSI talk about a correction, I figured to start it’d only be about a dollar of correction but as past predicted, it gave back nearly all of its gains… watching for a $2.00 bounce on a dip under $10.00 Monday. From scan HERE.

GSI General Steel Holdings Inc - $12 break I’m a buyer only for a quick flip because thats big resistance to break should spike .50-$1.00 + on the break (it has run to spike another $1.00-2 max in my opinion (on this move), after that I’ll be looking for reverse sides for downside potential of $1.00 or so, based on its past it seem as though once it reverses direction it gives back nearly all its gains.

GSI



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