Not a lot of great pumps or acceptable share prices (above .50 per share) and the longs are questionable due to an uncertain overall market. Some things to look at include...
Stock Preacher, now owned by Beacon Equity, used to do a cheezy gimmick where they post a special link to be used near the open of the market, where their free stock pick would be unveiled, and you supposedly were to go long immediately. The old bums, who have since been falling down on the job in terms of delivering, have a new pick for the open tomorrow, using this link:
http://stockpreacher.com/dailyalert/
New bums from across the pond are copying them with a pick tomorrow, also for the open I believe with their special link to use being found here:
http://alerts.thehotpennystocks.com/todays-alert/
Now, sometimes these pop a bit north for a few minutes, but they are often tenable short scalps once the pumpers dump their booty if being compensated in shares which they used to front load their free selections!
APKT
is an earnings winner that ran and stabilized, experiencing failed breakouts later in the session today, trapping longs who had intended to hold over into selling before the close. It is still on observance for more upside or continued fading.
NXTH
is a world class pump from last year http://www.penny-picker.com/blog/2009/10/27/nxth-pump-and-dump-of-the-year/
that continues to chug along. Beware sudden collapses with this puppy if you still believe it has upside, because it is likely a dandy short once the party ends.
ZAGG
Keeps fooling the crowd with their fluffy deal with Apple, making a great long scalp out of the gate or day trade, and still looks for upside tomorrow. When they figure out it is mostly hype, the stock should tank.
BGEM
A lame pump from multiple scammers failed to move out of the gate and eventually greened on the day, but do not count on much more or any upside, as the promo e-mails have lessened a lot. The only possible ace they have is their event schedule PR stunt, and that is already being forgotten I betcha.
SGI
I do not like longs or real stocks, but the chart and price and volume action excite here. If it can take out 9.60 breaking out on strong volume I can see more upside, as recent resistance can become new price support.
TNKY
A Pinkie, which jettisoned some weak hands on a recent .50 level drop, is a possible continued breakout. A lighter volume pullback to .73-4 might suffice, or a convincing take out of its high today of .85 will do as well.
BGP
This long down trending issue regained its 50 SMA on heavy volume and looks to build on its momentum tomorrow.
ISSI
8 straight sessions have seen this go up from a low of 4.86 to a high of 6.99. Its "top of a run" hammer suggests a pullback is store, maybe by tomorrow, but look at that multi-month chart and try to bet against it!
ATCO
The beginning of a hopefully overextended stock, 3 trading sessions go from a low of 1.37 to a high of 1.99. I am reluctant to pile in short just yet, but some profit taking is soon in the cards. Stock regained the 50 & 200 SMAs over the past two sessions. Needs to stay above 1.75 for longs.
As always, do not force trades, take what the market gives you. If you lack plays, sit and do nothing, only act when you are confident of an edge, and never just because you want action!
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