Monday, April 12, 2010

Watchers for the 4-13-10 trading session

RPC

A great short in the making but early shorts may have felt some pain today on this Supernovae, depending on their timing. Look for shares to reserve/borrow, as this is not a work of art firm deserving of such lofty highs.

RNN

As usual, short overdone moves with proper cue signals only. Do not short "because it is up too much" or other such nonsense, as these things can move a lot further than any sane person would predict.

CPRX

Another Supernovae scan after one big up day. You know the drill by now.

ABK

Awesome  Supernovae scan play I detailed in the trade review today. This up even more in after hours. Clearly you are looking to short this with strong entry cues like green to red, etc. as it is like a moving truck.

ROHI

Fast running out of gas, look to short on weakness, green to red, etc.

KERX

Hit 52's and is now up in after hours, this might be in play long again tomorrow.

ATSG

Several 4.20 testings in a neat consolidation and consequent breakout. Down in after hours, a possible red to green move and more upside.

MIPI

For early risers, this after hours winner of the Phase 2 Clinical Trial sweepstakes might move up even more on momentum. Not sure if it last into the bell for a spike up on the open for a long scalp, but watch it closely.

PALM

Watching to see if 6 can be held or a nominal gap down red to green occurs permitting more upside as a long.

BGBR

This incher may have bit more left, but it cannot last forever. We just need some serious reddening to spark a profiteering cascade to short into.

LBSV

Cheap doubler + in 4 days. Watch for signs of cracks in the dam before shorting, as always.

CPWM

Careful, a real NASDAQ stock that should be treated as TELK was today. Short into hard profit taking dumps only. Doubled in 7 days.


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2 comments:

Unknown said...

hey why dont you try to short nnlx again.. we could use some more short covering look at it lol.. see you at 7

Big T said...

I do not short unless I get a clear entry signal cue. Such as a dive spark on heavy volume.

For example, BGBR today.

NNLX has been an obvious candidate for some time, but no play has yet emerged save one red candle day April 7 that was barely scalp-able.

I do not play in hope, especially with Pink Sheet equities like this.

7 Bucks?

I imagine it could to 7 cents as easily as it could go to that.

You have no way of knowing anything regards FUTURE prices, either, BTW...