Penny Stock Briefing 9.23.10 CNST spells Cash!
It was a monster day if free chat. +1900 for mismo. You can check the results here. http://thelincolnlist.com/?p=602
Should be many more people in chat but who knows. Visit us in chat here http://www.meebo.com/room/lincolnalerts/ Access code : lincolnlist.
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Penny Stock Briefing 9.23.10 CNST REDF CYCC VG BRCD BORN CHTP
CNST
What a nice trade this turned out to be and it wasn’t even my best for the day. This is why you need to receive the free alerts or visit the free chat. This stock was not featured on any watchlist and that often happens. Anyway, there is still downside room on this pig Thursday. The companies name is Constar, go figure. I want the stock to hold up long enough for me to enter a position. I may have to do it pre market. No news driving this one so it’s a no brainer.
REDF
Moved itself back in to short territory with a late day pop. Are people that desperate to get a piece of India. This stock is sitting at an awesome sweet spot for shorting and if you can get in between 4.80 and 5.05 there is good RR there as a short.
CYCC
I like the way this chart is setting up. Nice pop right off of bottom consolidation. I’m hoping this can work it’s way up to 1.80/2 for a short entry. Otherwise I think there will be better plays out there.
VG
Not your typical pumper but I like this stock as a long. I mentioned it 2 weeks back and it’s gone uo 20c since. I know it lacks sex appeal but you will feel sexy when you are counting your profits. Right now it’s perched at a triple top. If it can squeeze past 2.50 it should make it to 2.70. Albeit it probably will take a week. However, VG is a safe long swing play.
BRCD
Another chart I like a lot. This was brought up in chat but the short opportunity never arose. When stocks go up all day and into the afternoon they become difficult to short. As it stands I’m neutral on the stock. If it’s strong Thursday I may buy after the first 40 min. If it’s weak there may be a great short opportunity but I thing better short plays will be out there
Other stocks still in play from yesterdays watch BORN CHTP