Watchers for 3-12-10 trading session

QLTY

Even more ripe than yesterday, I am licking my chops over this one as a short. On weakness, I am in. Lower volume than I prefer, though.

GSAT

Still waiting for the gas to run out, then I am shorting.

AMOK

Pumper gaining new life. Watch out if trying to long this. Shorting tough as it is a new reg sho list arrival.

MSEH

This had an expected modest candle range up day. More likely to follow. As I said last time, if playing this hand of Wollstein pumper long, do not use the restroom, as when you return you could be down 50%. You have ot be able to dump in seconds with a market order. Better yet, begin to reserve shares *daily* if you can find them, because this will be a great short if NXTH was any good indicator.

CHGI

Really long in the tooth. I look to short any weakening, if I can find shares.

ZANE

This is a potential long (scalp) if it rockets out of the gate. Sure, the firm is B.S. and it is up 1000% and practically has to collapse in a perfect world, but the stock held 3.00 support and it spiked twice yesterday on much higher volume than the other spikes of the past few days and consolidated. Trade what you see, not what you want or presume will happen. Read this post of mine of the subject of why trading is so hard:
http://answers.timothysykes.com/why-is-trading-so-hard 

MRVC

Several big up day candles makes me wonder when this is going to pull back, I will be short when it does.

PSYS

Yet another from last time, the stock failed to advance and barely greened. I hope it means a fall and a timely short, but it could of course be a rest for another big up day candle. I always trade price action, nothing else.

CPHD

See my comments from last time, they still apply. Getting even riper for a short, and borrows are likely easy.

VSTNQ

See my ZANE comments. Evey law of logic screams short, but this sucker has drained the accounts of many unbelievers who only trade what they want and not what they see. Let price action be your guide here. I lean long as a spike scalp early, but it had a big day today. A fall back under dollar per share might be shorted.


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