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.