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From last nights scan HERE.

APII couldn’t break yesterday’s highs great short today I agree with Tim could see $2.60-$2.80 easily, after that may carry some risk so you might as well take the profit.

APII - from scan watch last night, have to be careful with this one, extremely thin. Watch for the test of today’s highs out of open tomorrow, it will probably try to squeeze out of open watch for the .30-.50 cent spike shorts were an easy borrow all day - may test $4 but heavily monitoring this for the short

USS didn’t even jump out of open just fell straight down, this type of set up may gap down and squeeze back over $3, off radar for now.

USS watching for another short potential here, watch for the test of $4 if it falls I’ll probably jump on it back down .50 cents or towards $3.

OMRI nearly a dollar of upside after the break of $20! This should gap test over $21 tomorrow in my opninon.

OMRI $20 break should suqeeze after some very nice consolidation within the past month, upside potential $1.50-2 on the break in my opinion.

TSYS monitoring like crazy tomorrow, still bullish, it had a nice dip today but fully recovered which is a bullish sign and could cause a squeeze. I will post more tomorrow regarding this because I’ll probably trade it on weakness.

TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so

MHGC tested/broke and fell back below $18, as far as odds in my favor, the move is over so I move on to the next.

From scan HERE.

You can’t win them all especially selling on Friday with a move like MHGC, but I could sleep well, realize next weeks a new week and come into Monday with no positions, missed another 6% today, I know a lot were playing this on Friday from some of the comments and more so the e-mails I received, so I hope everyone had a good profit opportunity there. I’d expect this to test $18 before slowing.

From scan HERE.

MHGC the stand out from scan! Did exceptionally well and nailed it on the break out. $15 needed to break and hold, the next test intraday was $15.50 where I expected an immediately squeeze towards $15.75 area. Well we got a lot more than that hitting $16.38! Although extremely strong into close and probably gap on Monday nothing is better than going into the weekend all cash, so that’s exactly what I did. You can see all comments HERE during the trading day regarding the buy/squeeze points and breakout.

From scan HERE.

MHGC this is probably a good buy on the $15 break - triple top and break will make it squeeze towards $16 probably good for a quick dollar or two.

The following two from scan HERE.

ISIS nearing in on the squeeze this should still have upside of $20+

ISIS I’ve attached two charts, $18 is VERY tough resistance its been over it once in the last year (the first chart is 6 months, the second is a year) if it breaks this should be a good play towards $20 plus and a worthy buy on the breakout

MVSN did exactly as anticipated, $17.15 breaks the double top and squeezes towards $18 in my opinion.

MVSN another chart of interest because of the double top coming up, if it can break this is a very bullish pattern, I wouldn’t chase the breakout though, this may want to consolidate around low to mid $16s before testing the breakout

Here’s a recap of last nights scan which you can view HERE. I will have a scan shortly for trading ideas for tomorrow, the 12th of August.

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CHC panned out perfectly this morning giving a .50 cent spike right out of the open, weakness kicked in, a second attempt at breaking towards a new high failed right around 11AM as you can see on the daily chart below. It broke down a bit at the end of the day this may still be in play because of the dividend I’d watch for the support to kick in just below $3 ($2.75-$2.80).

From last night’s scan:

CHC 300% off bottom watching for continuation over $3 tomorrow and hoping for a squeeze to short on ($.50 to $.75 spike) if not I’ll watch for weakness to kick in and join it. A brief look at Yahoo does show they have a few things going on, such as a divy of 7.5 cents and instead of losing $150m they made $3.6m. So with all of that it may be a worth while long once it consolidates after a brief correction.

GTCB another one actually spike higher than I thought but even better for those who could get a borrow, I didn’t. Either way you can see the second attempt at 10AM to creating a lower low and weakness kicking in throughout the rest of the day.

From scan last night:

GTCB on radar for the test of $.60. I’d assume it’all test it right out of the open, once weakness kicks in it’all probably sit right back down.. like all of this sub-dollar stocks but its possible to have another full day of momentum towards $.70, it may be a hard borrow as welll being under $1

ISIS up nearly 7% today this is a great break of previous resistance points, look for more continuation out of the open tomorrow and then I’m probably happy with 10% profits in two days

ISIS I’ve attached two charts, $18 is VERY tough resistance its been over it once in the last year (the first chart is 6 months, the second is a year) if it breaks this should be a good play towards $20 plus and a worthy buy on the breakout

You can’t win them all especially selling on Friday with a move like MHGC, but I could sleep well, realize next weeks a new week and come into Monday with no positions, missed another 6% today, I know a lot were playing this on Friday from some of the comments and more so the e-mails I received, so I hope everyone had a good profit opportunity there. I’d expect this to test $18 before slowing.

MHGC the stand out from scan! Did exceptionally well and nailed it on the break out. $15 needed to break and hold, the next test intraday was $15.50 where I expected an immediately squeeze towards $15.75 area. Well we got a lot more than that hitting $16.38! Although extremely strong into close and probably gap on Monday nothing is better than going into the weekend all cash, so that’s exactly what I did. You can see all comments HERE during the trading day regarding the buy/squeeze points and breakout.

MHGC this is probably a good buy on the $15 break - triple top and break will make it squeeze towards $16 probably good for a quick dollar or two.

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MHGC the stand out from scan! Did exceptionally well and nailed it on the break out. $15 needed to break and hold, the next test intraday was $15.50 where I expected an immediately squeeze towards $15.75 area. Well we got a lot more than that hitting $16.38! Although extremely strong into close and probably gap on Monday nothing is better than going into the weekend all cash, so that’s exactly what I did. You can see all comments HERE during the trading day regarding the buy/squeeze points and breakout.

MHGC this is probably a good buy on the $15 break - triple top and break will make it squeeze towards $16 probably good for a quick dollar or two.

I missed the short here! I was preoccupied watching MHGC saw NOBL attempt to test $6 off the gap and should have taken my own advice it on a gap of .30-.40. Woops! It bottomed out for a bit, figured the risk/reward wasn’t there incase it reversed directions and headed higher but was wrong, missed opportunity, isn’t the first and won’t be the last! Hope you all did well though. I know Tim nailed it on the long side and took profits with plenty of time to spare. Key areas are around the $4.90 leve, you’ve seen how fast this can move, personally I’d like to see it squeeze higher for a second shorting opportunity but we’ll see what Monday brings.

NOBL crazy squeeze out of open today you know shorts were caught with their pants down and again a nice move into close. After bottoming out a few times just under $5 and breaking back over $5 and squeezing into close we’ll probably see a gap and potential continuation tomorrow. Max upside here in the next few days I’d say is around $7 (looking back to mid may), I’m looking for it to test $6 either on the gap or out of open and then watching for weakness to kick in. If it gaps up more than .30-.40 its imparative to watch it because of the gap/squeeze and tank potential that we saw today VRNM mentioned above.

Recap: (VRNM) 50 Cent Pop Out of Open, Weakness at $3.75-$3.80 August 7th, 2008

After posting thoughts/trades in real time I recapped the post HERE.

As far as further trades, the big move is done, I wouldn’t be surprised to see it attempt a bounce off the $2.50 level back towards $3 but I anticipate a slow fade over the next few weeks after whats left of the momentum dies out

SGEN worthy breakout, this is in play next week in my opinion I’d like to see a squeeze towrads $13.50, but we’ll see what Monday brings us.

SGEN border line breakout here over $12 - From scan HERE

SGEN on a $11 break may see $12-13+ here short term, I’m not convinced yet it needs to break and hold $11

Recap: Airline Stocks HOT Again For Wednesday the 6th and MICG.OB

August 5th, 2008

HRP nice gradual continuation based at $7 from scan, and broke through $7.50 area, this will more than likely be the new low if the move continues north

HRP looks pretty bullish here if it breaks and holds the $7.50 level look for continuation, more of a longer term play than anything

PRTY just about testing $20, this again is very gradual move so I’d be careful with the short - looks like $20 will be tested early next week which will be a double off the lows.. Although it may be a nice short over a few weeks again I’m only a trader and based on the consolidation around $18 the past four days and breaking off to head higher, this may just be basing for an even higher move, normally I like to short into a spike so I’m radaring for just that.. and until I see it I probably won’t short it. I do think this will be a gradual fad back down towards $16s and probably a worthy short but that’s like rolling the dice, and I’d rather not.

PTRY great squeezer nearly 100% gains in the past 2 weeks looking for it to test $20 before I think about the short (unless weakness keeps in before)

Recap:Hot Stock Scan for Tuesday August 5th August 4th, 2008

MOT filled the gap to $9’s. Off radar now unless it begins to squeeze, it might be a worthy short if it fails to break $10, Provided a nice short on the failure to squeeze over $10.

MOT lots of gaps the past few days sitting at some resistance dating back a few months, would like to see this squeeze out of open and provide a shorting opportunity to fill the gap back down towards $9 - unless their new CEO has all the answers and they are going to become a huge contender again I’ll take my chances

OFI pigs get slaughtered! after a breakout happens I usually tend to abide by the rules of selling into the squeeze, if you do it takes away the risk of holding, the risk/reward isn’t in your favor if you don’t take the initial breakout move. In this case there was a 52 week high break around $8 dollars and change and it squeezed $2 in 3 days.

OFI Three days now its been testing $10, if it can break it it will squeeze towards $10.50, risk/reward not worth it anymore in my opinion, the breakout provided $2 of upside already…

From scan HERE.

OFI absolute beautiful breaout chart, this should test $10, if today’s gains hold I’d be looking for a long position for that move up - this could be an extreme squeezer of the momentum continues

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VRNM Hope everyone did well on this short out of open:

admin Says:
August 7th, 2008 at 9:58 am

Watch for weakness here at $3.75-$3.80 if it doesn’t break the triple top, shares are an easy borrow today on VRNM

NOBL crazy squeeze out of open today you know shorts were caught with their pants down and again a nice move into close. After bottoming out a few times just under $5 and breaking back over $5 and squeezing into close we’ll probably see a gap and potential continuation tomorrow. Max upside here in the next few days I’d say is around $7 (looking back to mid may), I’m looking for it to test $6 either on the gap or out of open and then watching for weakness to kick in. If it gaps up more than .30-.40 its imparative to watch it because of the gap/squeeze and tank potential that we saw today VRNM mentioned above.

CHINA needs to hold $3 if the momentum continues it may be good for a squeeze towards $3.50

GSPG.OB again another amazing move I wouldn’t be surprised to see this test .06 tomorrow at this rate and then settle back again towards .055-.057s before consolidating for a week or two, this is as I’ve said week after week just an amazing technically sound TA

MHGC this is probably a good buy on the $15 break - triple top and break will make it squeeze towards $16 probably good for a quick dollar or two.