Thursday, June 03, 2010

Watchers for the 6-4-10 trading session

The timed release gimmick gang is out to perk up your Friday opening bell:

Penny Stocks Finder
http://alerts.thehotpennystocks.com/todays-alert/

Beacon Equity Research
http://beaconequity.com/dailyalert/

Refresh your browser near the open, using these links. Official release is at 9:30 A.M. EST and it looks like they are going after the same oil and gas play. Something like OOAG or OMDA or more likely, HLXW or AZGS Let us hope it is not BROE again. Trying to predict these picks based on their promo E-mail hints is quite entertaining. Actually, if you are long scalping and have all the "candidates" up with orders at the ready, then get the confirmation, you will have a possibly critical speed edge on other traders who did not anticipate the call. Play these at your own risk. Often the short on the way down when the front loading spammers dump their ill-gotten gains is even better!

JSDA

First red day. Still in play for more fading on profit taking and possible morning panics. Hard to find borrows, but look. May also have more life, so keep an open mind. It is up in after hours, so we will see.

ZQK

Earnings winner up in after hours. In play both ways Friday, but mainly long. The reason is they topped estimates by a wide margin. When that happens, it often results in early strength. I would watch this from premarket from the bell if it trades then, and of course right out of the regular open for long scalping.

LVS

This stock has been a great sync equity with the broader market indexes. It has also up after hours and has been on the move lately, having risen over 10% in the last five trading sessions. Watch this closely on Friday.

FCEL

Big contract winner surprised early shorts today when it took out intraday support and rebounding, finishing near highs. Some early spiking upwards is possible on Friday. I doubt it will last long, even though this was a 10 dollar stock at the height of the alternative energy mania. Lame internals are a roadblock to a lasting future.

MCTH

HotOTC pumper may tank from near the gun on Friday for the shorts. Possible gapper up. Look for shares.

CTHR

Nice chart, impressive breakout on volume from a new support floor around 2.60. Might be a possible gapper up and some early upside spiking, but much depends on the how the market itself reacts to Friday's jobs numbers as this is a "real" stock. It is hard to see getting a serious pullback entry for a late participant in a long swing, but it may happen.

ARWR

Another cute breakout with late surging volume. May retest 1.74 and take and hold 1.75 for further upside. At the very least it could spike early for a long scalp, possibly from the opening bell.

SREH

I do not care for sub-penny action, but this was so over the top that it MUST be watched from jump street tomorrow. This could open up and new idiots could arrive, possibly leading to a spike out of the gate or a run early that seeks upside. Profit taking will be fast and furious as well as it is heading into the weekend. Risky and hard to play due to its cheapness, play at your own risk.

ALIM

This thing is on fire, having excited folks over a phase 3 trial. Up after hours 10% after a 4% climb today. Possible scalp long out of the opening bell. Also watch from premarket open if it trades then. I suspect some profit taking will commence Friday before lunch time, so either fade or sell any extended upside, or just scalp.
Always be flexible. Sometimes such big mounting gains are dumped right from the opening bell, you know.

Unofficial plays:

AZGS

Keep an eye on this. May be a timed release pick as I mentioned at the top of the post. Huge move today.

HLXW

Same as above. This is seeing Newsletter attention. Might be timed release pick.

INTT

Possible breakout above 4.65 Possible short on a failed test of the 4.60ish level. Looks like it wants to rise.

XIDE

Wild ride today. In play Friday both ways. Hard to predict so not on official list. Possible gap down red to green cross for longs or gap up and dump. Particularly the 5.50 level should be watched, both ways.


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