Penny Stock Watchlist 11.3.10
Voting day was a slow day but we managed to squeeze out a few plays. I went 1-1 on the day with a small loss on NENE and a decent short on SHZ. I really love me some SHZ. That stock has treated me well. Remember when you have a stocks number, beat that thing down. You don’t have to scan a thousand stocks a day. Stick with what you know and take the gimmes. There are some new players in town this week and I’m ready to meet new friends.
AKRX
I like the way this chart looks. It’s an earnings forecast play so I am expecting a little continuation to the upside tomorrow. I will have to see the action first to decide if I want to get long. It would have to be off consolidation because I’m not chasing. If it is not a buy I will wait until the news blows over and look to short.
SIMG
The chart is still holding up on this one. if it can remain above 6.50 I may consider a long. If it fizzles out again up there maybe a small short will be in the cards
NENE
Well if you were in chat you know all about this. I thought it might squeeze one more time to the upside but it didn’t. Fortunately I wasn’t creamed on it. I think a short is now working but again it could have one more up run but I don’t see it being significant.
TORM
The volume is amping up on this going into earnings next week. We have gone over this one before. It’s being pumped and now the buyers are lining up. I may pull the trigger on a long but a low floater like this I would definitely go in small and sell into strength.
ATSG
This was on Yesterdays watch list. Made a nice recovery mid day. Still like this as a swing long.
AUMN
I don’t know what day it will be but this stock is way overbought.