Friday, April 09, 2010

Watchers for the 4-9-10 trading session

ALME

Look for shares to reserve or borrow. This is going to be a nice dropper over several days. Expensive mailer out now, I have heard. A pump and dump scheme.

EK

This crossed some major resistance Thursday near 7. I expect more may come. Ideally a lower volume pullback to just above the initial breakout zone provides an entry, but like MRT, that may not happen Friday.

CTDBQ

Difficult to short due to price, but this trashy puppy is just starting to become so top heavy it cannot last long.

GETA

Similar to CTDBQ, this may have some moves left, before fading. Too bad it is such a low price per share.

RPC

This has already faded quite a bit, but may have room for more downside if it weakens enough on Friday.

SIXFQ

This has had a great run the past few days, but some reddening beckons. Again, too cheap for a safe short.

BGBR

Another great run, but this may be unexpectedly profit taken soon, suggesting a short.


The blog has a terms of service. Be sure to read it at:


http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html

No comments: