Monday, May 24, 2010

Watchers for the 5-25-10 trading session

Many more are joining the timed release gimmick parade:

Hyper Growth Stock is doing one at 9:29 A.M. EST Tuesday. Use this link and browser refresh:

http://www.hypergrowthstock.com/tuesday-june-1-pick

Then we have Beacon Equity at 9:30 A.M. EST Tuesday. Use this link and browser refresh:

http://beaconequity.com/dailyalert/

Stock Preacher is also doing one at 9:30 A.M. EST Tuesday. Use this link and browser refresh:

http://stockpreacher.com/dailyalert/

Sometimes these things can be bought instantly for a pop long scalp, and shorting on the way down after early birds sell to the late arriving bigger fools. You can also do it as a form of entertainment for geeky traders...

CBOU

52's intraday. A coffee play with recent buzz over earnings gains. It is up after hours. Strong breakout over an ascending triangle-like range of congestion with resistance near 9.30s to 9.50ish. If the market does not dive Tuesday it could run another day. At minimum it may have early upside before seeing some profit taking.
It is possible to fade such selling, but it is quite risky and takes considerable experience, in a stock like this.

PRRY

Near hod closer, which you should already be in from the close today. This has been strong lately, a glance at the 6 month daily chart should convince you. Oil spill promo tie-in. Play is for a gap up freebie and hopefully a bit more then profits. See my post on locating EOD gapper prospects from today.

VSTNQ

This bankrupty 5 letter Q stock is up 2 straight session now on some asset purchase claim, but it stalled out in the 1.80s where some resistance is. Major barrier at about 2ish. Ideally, I would like to short a failure there with some early spiking on Tuesday. It might have a bit more gas, but I want to fade this rather than buy it.

LMCO

The whole entire promoter union is selling this thing by tonight! In 19 Newsletters, and getting long in the tooth. This could run a bit more, but it easily could see dumping action on Tuesday. Look for shares, pronto.

HAUP

A perfect short today when it took out 3.50 support and yielded a bounce to near that for entry, yet stayed below that level all day, with a gradual reddening and acceleration into the close. Ideally, you are already in this. If not, it could have morning panic action, you might get a short scalp off. Stubborn and choppy, though.

CBIS

A "pot" stock high on medical weed use deal hype. Stock Wizards promoted this yesterday, it zoomed today.
Non-promoters are noticing it, so it might get interesting. I want to short the fading interest, but I am unbiased here until I see the price action early tomorrow, as it could move plenty either way.

NTMG

This is still on watch for Tuesday, as it built upon earlier gains and accelerated over 0.30 nicely. May test 0.40 but it is getting harder to justify a long very much longer. Not sure it is worth shorting, though.

ECOB

Big Best Damn Penny Stocks pumper with E-mail blast waves sent out today, beginning early. I do not trust those goons, but it may have a bit more gas left before profit taking dumps set in. You can short into that, too.

Unofficial:

RNGC

If gold continues to regain its recently lost momentum, this cheapie can be played by small accounts.

BONU

Almost a hod closer. I am watching to see if it has any more left or a gap up open. Do not get your hopes up.


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1 comment:

Anonymous said...

your posts are a great help!
your explanation of finding gappers might have earned you a christmas present! thanks