Recap From Today, Check out the Calls! Scan for Thursday the 21st of May

Lot’s still in play from last nights scan – big big day in chat today. Muddy took care of the longs, I focused on the shorts mainly the banks – BAC and FITB mostly. Nailed both BAC .06 from high of day and FITB from $8.25. Had a lot of PM’s from happy folks today – congrats on the good day!

Why Muddy’s focus is on the Pre-List – Check it out HERE

Check out the 1 min chart and this call today (Shorts)

[Wed May 20_10:45:58 EDT 2009] InvestorsLive keep an eye for fades

[Wed May 20_10:46:06 EDT 2009] InvestorsLive banks. BAC FITB etc

[Wed May 20_10:46:47 EDT 2009] mindstatements good call IL FAZ/SKF pop

[Wed May 20_10:47:14 EDT 2009] Jens Gould HEB could boom here

[Wed May 20_10:47:21 EDT 2009] WISEGUY FITB off a cliff

[Wed May 20_10:47:25 EDT 2009] InvestorsLive ba bing!

[Wed May 20_10:47:28 EDT 2009] InvestorsLive FITB

[Wed May 20_10:54:04 EDT 2009] InvestorsLive FITB BAC re-test bottom of last drop few min ago, see if it holds

[Wed May 20_10:54:09 EDT 2009] Jens Gould thanks IL

[Wed May 20_12:00:51 EDT 2009] InvestorsLive covered

[Wed May 20_12:00:54 EDT 2009] InvestorsLive a ton 11.53

[Wed May 20_12:00:56 EDT 2009] InvestorsLive on BAC

[Wed May 20_12:00:59 EDT 2009] InvestorsLive keeping a few for the road

Going out on a limb and guessing Lebed’s pump tomorrow is VODG since he’s doing a stem cell stock.. and I figured CBAI, SCLL, and ACTC are over and done with. VODG a new issue .. but I probably won’t trade it.. if I do I’ll buy and scalp for a few pennies on the morning rush. I could be wrong but just trying to extend my guessing steak a few more picks if you remember this one which I and the chat room banked quite a bit on….

HYGN a real fun trade not risking much capital at all… this is why I enjoy OTCBB’s when they are hot – the first trade was from .0437 open price to .057 and second trade was .045 or so to .051. It counts partial fills as a “Trade” so no i didn’t make 12 trades.. but this was in the first 5 minutes of the trading day risking about $2k to make nearly $800

[Wed May 20_09:31:43 EDT 2009] InvestorsLive grabbed some HYGN not big give it an attempt towards 05

[Wed May 20_09:38:33 EDT 2009] InvestorsLive_12:30:23 HYGN B 0.0437 50000

[Wed May 20_09:46:03 EDT 2009] InvestorsLive selling 1/2 HYGN .057 if it hits from .0437

[Wed May 20_10:05:22 EDT 2009] InvestorsLive HYGN playing long again

[Wed May 20_10:11:04 EDT 2009] InvestorsLive selling 1/2 HYGN .051 from .045 again round 2

NXTM beauty move through $3

[Wed May 20_11:20:53 EDT 2009] Muddy NXTM med pop 2.7

[Wed May 20_12:31:51 EDT 2009] Muddy NXTM more

[Wed May 20_12:42:11 EDT 2009] Muddy NXTM 2.99

[Wed May 20_12:54:32 EDT 2009] Muddy NXTM 3 hit

NLS huge call

[Wed May 20_09:28:39 EDT 2009] Muddy NLS former runner been nice,getting bit more vol

[Wed May 20_09:52:32 EDT 2009] Muddy NLS nice

[Wed May 20_10:02:37 EDT 2009] Muddy NLS nice 1.70

[Wed May 20_10:05:24 EDT 2009] InvestorsLive nice on NLS

[Wed May 20_10:05:48 EDT 2009] Fugu NLS ::up Yup thanks

[Wed May 20_10:07:25 EDT 2009] Muddy NLS got rip !

[Wed May 20_10:08:03 EDT 2009] Muddy NLS 1.90

[Wed May 20_10:09:31 EDT 2009] Blz wow, nice NLS!

[Wed May 20_10:14:46 EDT 2009] Muddy NLS near 2

[Wed May 20_10:19:01 EDT 2009] Muddy NLS baby,2

[Wed May 20_10:19:14 EDT 2009] Fugu NLS sweeet

[Wed May 20_10:19:16 EDT 2009] madmen NLS !!

[Wed May 20_10:19:35 EDT 2009] InvestorsLive NLS thru $2 niceeee Muddy

[Wed May 20_10:30:22 EDT 2009] madmen NLS killer

[Wed May 20_10:31:42 EDT 2009] pjt6970 NLS bids moving up

[Wed May 20_10:52:32 EDT 2009] Muddy NLS$$$$$$$$$$$$$$$$$$$$$$$

[Wed May 20_10:53:51 EDT 2009] Fugu NLS another awsome call Muddy thank you

Now for the scan……..

GSIT real low volume wish it had more this may be of zero interest tomorrow but if it holds $3.50 it may keep peaking up towards $4

BFR volume perking up watch for follow through and $4 break/hold

NLS (as I mentioned above Muddy was nailing the long’s today.. this is one right out of open for .70 cents) keep on watch for more upside tomorrow on the $2 break

PRGN on scan again because of volatility should be good for the next few days for both long and shorts… $6 may be a battle

SAAS small volume watch for $3 break, if it starts heading that way I’ll probably long it and put a stop around $3.85 or 3.89 and give it a chance to run past $3.25+

THC $3 needs to hold but this has some serious volume, very well could carry towards $3.50-3.75+ on a $3.25 break that’s what I’ll be looking for

JASO very nice intraday today picked it up around $3.70s off SOLID support breaking new high of day’s sold $4.04 on the rush and stopped $3.99 on the rest before it broke towards more high of days. Then mentioned short bias and watch for the fade, shorted 4.09 and 4.16 covered 3.91 and again mentioned if it doesn’t break to a new high of day I was looking to short… 4.07 and 4.09 short to 3.85. Overall great trade and with that its on my radar 100% for tomorrow for some intraday flips!

VIT short bias but watch for continiuation towards $11 first and let it cool off for the fade – similar to FUQI today on scan last night