Monday, June 07, 2010

Watchers for the 6-8-10 trading session

Beacon is doing an oddball timed release pick if I read their spam right. You need to refresh the browser just before 9 A.M. EST for their latest gimmick to display 30 minutes before the open. These are trickier to play, so be aware of that when deciding on participation or not. Read my recent article on this, too. Use this link:

http://beaconequity.com/dailyalert/

BTOW

I should be fired for ignoring this when I looked at it last time and did not put in on my list! It came up on my scans for suspicious volume and moves before waves of promotion hit. A hod closer, the Spammer count has gone nuclear tonight after a quick check of my junk E-mail box and research materials. Scalp long early. This will also make a great short when the time comes, which will be soon enough.

MOPN

Hokey BP deal press release is just absurd. This Pinkie is a Stinkie. Possibly gaps up, lets hope so as that will make it an even better short. Finding shares will be challenging, but once the herd figures out the game and or decides to take profits, this is coming back to earth.

FDMF

See MOPN for details. This firm is very shaky. Once the peanut gallery finds out that cotton candy fluff PR does not cure landmark oil spills, the profits will be taken and the price will reflect realities. In the latest annual report, the company reported revenues of $2,134,526 in 2009 with a net loss of $954,055, or $0.003 per share. Meanwhile, the company’s outstanding shares nearly doubled year-over-year. Look for shares to short on weakness cues as soon as tomorrow. As a hod closer, despite its 150% gain today it could gap up, then crap. By golly, their KC 9000® technology is protected by the the "R" inside the circle, just so you know!

WAMUQ

The bankruptcy Q stock has been quite ambitious in the past couple of days. The momentum on this thing, helped along by retail daytrading speculation, could easily allow it to test 0.20 on Tuesday. Possible gapper.

AMEL

HotOTC is trying to promote this hopeless train wreck as their stock pick for tomorrow. Any spike is a short because it is trying to go to zero and their pumps are notorious for gapping and crapping. Fade this on weakness if you can find shares. If you wait long enough it will go lower anyway with a few price spikes to shake out weak hands but it still ends up at the bottom of Lake Michigan.

EVTN

Afternoon breakout that saw a press release catalyst:

http://www.prnewswire.com/news-releases/gulf-oil-spill-results-in-a-surge-of-opportunities-for-evtn-92765979.html

More oil spill miracle cures. Could be strong early with spiking. Possible gap up. Do not listen to message board chatter arguing it will go to 15 per share, though. It will be another great short soon enough. The Voraxial® 2000 Separator also has an "R" inside the circle so you should be impressed! A ship of fools...

PBTH

Potential breakout above 6.35 on strong volume and acceleration. If it gets above 6.50 and holds that is ideal for the longs. 52's are at 6.34 here. Any failed test of this area is also a potential short. Nice chart, though.


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