Watchers for the 5-20-10 trading session

BSRC

Now a full fledged Supernovae, the race is on to short this gem if it falters. Look for shares daily. The amazing thing is this may not be over, at least initially. If more spam is sent tonight pumping this, it might yet gap up, having closed on its hod. A quick check shows not as much promotion tonight, so maybe they toss it Thursday.

EVPH

Still no other obvious promotion other than the OTCPicks.com material from the other day, but it went up another 17% on ok volume. I am still waiting to fade a dump of any kind on this lame blast from the past.

HAUP

I hope we do not have many days of choppy consolidation on this thing, as I still do not believe the hype and feel it has room to go down from where it is trading at. Its fundies do not impress, it is just a matter of time.

AMRN

Any long is suspect in this market environment, but this thing has a familiar chart pattern. Any break above the mid 2.50s on volume and acceleration would be the ticket. The bad news is it is well up over 3 after hours, so getting in on the breakout has to involve a pullback unless this just keeps zooming out of the gate.

ESPI

Another "pumpish" chart to monitor. Up big on some volume and not obviously in the spam works yet. Be flexible, prepared to take either side depending on how it acts early on.

KATX

This may be kind of over extended now, if the high wave shadow is an omen for tomorrow. I look to fade this on weakness. It may start out with one last gap up and crap, or a spike then some reality may set in.

LSCG

2 big up days running so far. No obvious promotions. I hope to fade this on early weakness if it surfaces.

AMCG

Stellar comparative bullish volume the past few days. Yesterday and today some promoters were at least mentioning it, if not actively pumping it. May have some more initial upside, with gap up, given hod close.

INWK

I am skeptical of much more upside in this nearly vertical chart today. For one thing, the volume was lame. More importantly, it is just over some recent resistance at 7.45. Unless it holds this and accelerates with better volume, thus breaking out of the deep correction seen over several months, which may mean a long is possible. I suspect it is more likely that it sells off early and goes back under 7.45 on Thursday or Friday.


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