Category: Watch List

RMIX – Another strong up day, could have another one, but odds are not as good now. I probably won’t play it because I know I’m not great at playing cheap stocks.

VVTV – Nice breakout yesterday and follow-through today. No easy play tomorrow.

RWC – Contract win today, but the total value is spread out over many years and many companies. It couldn’t do anything today after gapping up so I’ll look for further weakness tomorrow.

NLST – We’ve seen this kind of move before. If this goes green tomorrow or gaps up slightly I will be a buyer.

PIP – This is what happens to 90%+ of biotech stocks. It could bounce a bit considering its huge plunge. I won’t play it.

LZB – Nice breakout over $10, but it has been choppy and slow. I’m not going to try buying this again.

IFNY – Horrid little pinkie with no current financial information, up a bunch on a supposed oil find. That being said, the chart is bullish. I never recommend buying pink sheets or OTC stocks, but I especially advise inexperienced traders to avoid them.

HOKU – Crazy chart, but nice volume gain today. Maybe more tomorrow? I would consider buying on green, but it is right at resistance.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

BMJ – Nice move today, lower volume. Possibly a long on strength tomorrow.

PEIX – Another strong move today. What have I said in the past about paying attention to hot sectors?

RMIX – I think this could have another strong up day before it inevitably falls back down. Notice the huge volume today. I would like it as a long on the $1 break or red/green.

LZB – On watch for long on a continued move (with volume) above $10.

Notice how it spiked towards the end of the day once it got a volume spike. Always pay attention to volume and price.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

GGWPQ – Nice move on reports that two different REITS are considering buying the company’s assets or the whole company. No clear play now.

OCLS – Up for two straight days after they provided an update on their research. Considering the news and that it isn’t up that much, I don’t think shorting here would be wise.

AHT – Decent breakout chart, resistance longer-term.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

AAPH  is interesting, but a little low-priced for my taste.

CCRT jumped big today on news of a dividend and a spinoff plan. It might have another move in it tomorrow.

GGWPQ had a nice breakout today. This is one of the 5% of bankrupt companies that will re-emerge from bankruptcy with shareholders intact. I see no easy play now though.

LZB is nearing a nice breakout at $10.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

See the last minute of the trade recap video for my brief rant about the ratio of the DJIA to gold.

+    BOT    1,000    SNTS    false    Stock    5.620    USD    ISLAND    09:32:11        5.00
+    SLD    1,000    SNTS    false    Stock    5.600    USD    DRCTEDGE    09:33:52        5.00
+    BOT    3,800    EGHT    false    Stock    1.413    USD    SMART    09:39:01        19.00
+    SLD    2,600    EGHT    false    Stock    1.380    USD    SMART    09:44:07        13.00
+    SLD    1,200    EGHT    false    Stock    1.388    USD    ISLAND    09:44:27        6.00
+    BOT    400    GTI    false    Stock    15.890    USD    SMART    09:58:34        2.00
SLD    400    GTI    false    Stock    16.12    USD    BATS    10:38:27        2.00
+    SLD    5,000    GSIT    false    Stock    4.282    USD    SMART    13:08:08        25.00
+    BOT    5,000    GSIT    false    Stock    4.430    USD    SMART    13:40:33        25.00
SLD    1,000    CLWT    false    Stock    3.51    USD    ARCA    14:23:53        5.00
+    SLD    5,000    CLWT    false    Stock    3.510    USD    SMART    14:24:00        25.00
+    SLD    5,000    CLWT    false    Stock    3.513    USD    ISLAND    14:24:05        25.00
+    SLD    5,000    CLWT    false    Stock    3.481    USD    DRCTEDGE    14:24:12        25.00
+    BOT    7,700    CLWT    false    Stock    3.388    USD    ISLAND    14:24:51        38.50
+    BOT    4,801    CLWT    false    Stock    3.480    USD    DRCTEDGE    14:26:07        24.01
+    BOT    3,499    CLWT    false    Stock    3.440    USD    ARCA    14:27:51        17.50
+    BOT    5,000    CLWT    false    Stock    3.084    USD    ARCA    15:19:29        25.00
+    SLD    5,000    CLWT    false    Stock    3.039    USD    ISLAND    15:20:20        25.00

Daily profit: ($126.06)

GRH on watch for short or long.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

PEIX  more than doubled in three days on news of restarting a plant. Overdone move, short on weakness.

SNTS  was up in after-hours trading on FDA approval. I’ll buy if it shows further strength.

DYAX also went up big after hours due to FDA approval news.

EGHT had a nice breakout today on huge volume. I’m long if it looks like it can continue.

GSIT is up on NLST-type news. After today’s black candle I’m looking to short on green/red action.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist in the video.

+    BOT    500    SEED    false    Stock    11.950    USD    SMART    NOV 30 09:30:40        2.50
SLD    500    SEED    false    Stock    12.12    USD    ARCA    NOV 30 09:33:37        2.50
+    BOT    800    NLST    false    Stock    6.080    USD    SMART    NOV 30 09:54:57        4.00
+    SLD    800    NLST    false    Stock    6.200    USD    ISLAND    NOV 30 10:05:46        4.00

Daily profit: $168

Disclosure: Long 400 SEED in a position I intend to close out within a couple hours. No positions in any other stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Wow, this all looks so familiar! Remember dear readers that stocks on watch for short sells can be good buys if they show strength or fail to break down, and stocks on watch for longs can be good shorts if they fail to breakout or show weakness. Don’t fixate on only trading one way.

BRYN – Pump & dump. Its weakness has been revealed. Search and destroy, but with all due caution.

SEED – A great example of why I don’t short on large gaps down, this was a nice little long for me Friday. I’m short-biased, but not with any conviction.

TAMB – Short on green/red. This move is over-done.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Happy Thanksgiving to all my American confreres! Gobble Gobble! Tomorrow is only a half-day in the stock market. I don’t like to trade much on half days. Here are a couple stocks to watch:

SEED – Was down slightly yesterday, and it deserves to fall more. I like it as a short on the break of $10.

BRYN – Horrid pink sheet pump. Short on weakness. ALFSS.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Keeping it simple tonight. Just the big ones … but boy are they nice.

WWPW – This is a pump. I am long as it is getting pumped a bunch more overnight, but it would be foolish to buy it at the open tomorrow. How did I know this was going to get a pump-a-thon tonight? I didn’t … but the clues were there. I’ll discuss that some more in my trade recap tomorrow.

SEED – Overdone move on transgenic corn approval in China. Short on red, long on green.

ABIO – Another overdone move IMHO … but I don’t trade based on what I think, I let the price action guide me.

NLST – No shorts today. I was looking to long this on green, but it would have been an easy short on the failure to go green today.Tomorrow it should continue to be volatile … I continue to look to buy on strength and short on weakness.

Disclosure: Long 1400 shares of WWPW that I intend to sell early tomorrow. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.