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Posts Tagged ‘MKTY’

Stock Scan For Thursday the 24th of July (EZCH) (AKRX) (EPAX)

Wednesday, July 23rd, 2008

PennySo… I was off by a PENNY on my low end cover range for where I expected MKTY to fall to in last nights scan listed below, or HERE. I’ll work on more accurate cover ranges for the future, I hope to narrow it down to within a fraction of a penny!

MKTY watching for a gap and crap, this is probably a pretty decent short tomorrow, but lets see how it trades out of open. Tim had a decent trade on it (from his alerts) but later in the day, it turned up towards high and closed relatively strong. This gives us another day for a possible squeeze and a higher short average. I’d let it squeeze out of open, failure to break $6 and confirmation of a breakdown I’d jump on board on the short side - back towards $3.75-4

Last nights stocks are still in play for tomorrow - commentary stands.

AKRX - earnings are coming so this is a play into that, could move hard in either direction but looks pretty bullish .. Without doing too much due diligence since I never really do… it looks like earnings are the last day of July - so I’d expected this to be volatilie until then, it may squeeze towards $5 and present a good shorting opportunity to those who panic before they are released.

EPAX - another earnings play, my take is its just a low float squeezer, watch for a gap and tank… i doubt it heads much higher than $20

SGEN looks bullish towards $12 at which point I’d watch for weakness

EZCH took out the $18 resistance this has the possiblity of heading towards $20

EZCH - On scan before - hasn’t been able to break $18 for the past 4 attempts, I will be monitoring this stock to see if it tops there, notice how fast its covered $14 to $17.50+ vs. the previous attempts where it slowly made its way there. This is what happens when a few too many shorts think its heading the opposite way and then get caught… and with that they can help it break previous resistance..

Keep on radar the Airline Stocks we posted HERE. Many squeeze back mid day into the close leaving another day of opportunity for tomorrow similar to MKTY, watch for the morning gap and squeeze and sell off into close.

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MKTY Perfect Shorting Opportunity! (MKTY)

Wednesday, July 23rd, 2008

MKTY did exactly as we expected out of the open today, a nice squeeze failure to even test $6 and immediately lost $1.00 per share! The best part is there were and still are a bunch of shares to borrow. $4.50-4.55 probably a good first cover and watch for spikes for another shorting opportunity. If you haven’t joined us in chat, do so HERE.

MKTY watching for a gap and crap, this is probably a pretty decent short tomorrow, but lets see how it trades out of open. Tim had a decent trade on it (from his alerts) but later in the day, it turned up towards high and closed relatively strong. This gives us another day for a possible squeeze and a higher short average. I’d let it squeeze out of open, failure to break $6 and confirmation of a breakdown I’d jump on board on the short side - back towards $3.75-4

Stock Screen for Wednesday the July 23rd (MKTY) (DCGN)

Tuesday, July 22nd, 2008

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MKTY watching for a gap and crap, this is probably a pretty decent short tomorrow, but lets see how it trades out of open. Tim had a decent trade on it (from his alerts) but later in the day, it turned up towards high and closed relatively strong. This gives us another day for a possible squeeze and a higher short average. I’d let it squeeze out of open, failure to break $6 and confirmation of a breakdown I’d jump on board on the short side - back towards $3.75-4

DCGN beautiful bottom reversal, watching for continued momentum towards $2 + if it breaks it this may squeeze, its sitting at resistance levels dating back to March and May.

MEDX I’d like to see this test $10 out of open, perhaps $9.75 - upon weakness I may take a short side trade, but only a trade. This is still bullish

EDN - topping off action today this may gap out of open, if it fails to test and break $14 it will probably break back under $12



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