OSIR with the break, watch for continuation over $15!

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.

GSI witht he $2.00 bounce!

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.

BSGC What a tank… HERE

I will have a scan up shortly regarding some potential plays for today, slight PC issue last night adn I was unable to complete a scan.

SQNM possible breakout again today its been consolidating, if it fails could drop $2 quickly. Also, PDO and MXC still eyes watching 100%.

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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.

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)

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.

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.

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.

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.

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Other scan from tonight:

(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays
MNKD  Mannkind Corp - needs to hold $3 but can reverse towards $4 on a $3.20 break, volume returned a bit today - worth a watch

MEA Metalico Inc - looking for a gap and potential squeeze towards $20, lots of consolidation around $16 so I’m not convinced on the short yet. In fact I’d watch for the consolidation just below $18 and buy back on the $18 break. More thoughts in chat if it comes into play.

NGA  North Amern Galvanzng & Ctng - volume spike today - will buy once a dip shows reversal. It’s been consolidating at $8 for nearly a month, downside semi limited in the near term in my opinion.

NYNY Empire Resorts Inc I will short this on failure to snap $4, if it gaps I may take a start position and add if it goes red.

Keep an eye HERE on GSPG.OB - QMNM.OB these are GREAT intraday trades, QMNM the most liquid stock of the day!
From Scan last night, and then today GSI in play off our scan and hit the +$2 we expected - looking for a gap over $14 followed by a potential correct back towards $13.

From Today

GSI grabbed the $2 more of upside I expected, down currently 40 cents off its highs, am looking for .50-$1.00 pull back form that $14 level.

From Sunday Night

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.

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Other scans today:

Sunday Night Stock Scan for June 23rd

QMNM - Talk about MOMENTUM! This stock is $300k dollars short of trading $5 million dollars today. This move has been incredible and although its hard to believe its going to fly too much higher due to its high percentage gains day after day and its need for correction THERE IS SOME REAL support in there and may test towards the .035-.04 range today (but hey then again it could go to .05++!)

GSPG from scan breaking out of a nice channel today if it can top last highs should clear .04 with no trouble. This has such a large shareholder base, and for that matter a short base that it very well could.

FXEN setting up nicely - I like this consolidation here after it helds yesterdays gains, very bullish in my opinion.

FXEN FX Energy Inc - I’m a buyer if this holds $5.75 range or breaks back through $5.85 for the move/squeeze over $6, I like this consolidation around $5 and breakout from it…

GSI grabbed the $2 more of upside I expected, down currently 40 cents off its highs, am looking for .50-$1.00 pull back form that $14 level.

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.

GAIA - not taking off radar consolidation around this area followed by a $15 break should cause a nice squeeze higher.

GAIA Gaiam Inc beautiful bottom reversal, rather large move on Friday. I want to see this continue but I don’t trust $15 yet, I’d watch for it to dip out of open once it finds support buy on the $15 break. If it holds $15 out of open, go for it and it may put in a good squeeze.

NOA - opened much higher than it closed so I didn’t end up touching it, if anyone grabbed a short out of the open near $24 or above, congrats!

NOA North American Energy Partners Inc. This thing has been on cruise control since $10 and has hardlk looked back. This has consolidated the past week around $20 - $21.43 is breakout (52 week highs) if it holds $20.50 I’m a buyer for the $21 break.