The top 9 stocks you can’t ignore Monday
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Penny Stock Watchlist 9.20.10 PWER REDF AUMN PSTI INFM FUQI BORN HOOK G
PWER
I was disappointed I didn’t get more aggressive with this as a short Wednesday and Thursday. Often times when you miss a huge short it will become a nice buy and vice versa. After a Friday morning panic this became a must buy and what a nice trade. View here.
REDF
Nice two day parabolic run on this. Shorted it Friday a $4 and collected some late day pocket change. Surprisingly this pops at the end of the day which was probably short covering. Will look to short early Monday. This has the potential to be a big short.
AUMN
As predicted in Fridays watchlist AUMN slowly went up. This stock is now one day closer to a nice pullback. It really makes no difference what they do or how awesome they may be, ALL STOCKS PULLBACK every so often. The so often is right around the corner. It will be harder to attract buyers here.
Also very overextended on the daily chart. It looked to have difficulty holing $11. When it surpassed $11 it shot up to $11.45 before coming down. This can be a decent short but I hate the action on this stock otherwise I probably would have shorted earlier.
PSTI
Came out of nowhere with a huge Friday. I would have like to have seen this stock finish better but we will see what Monday brings us. I want to see this hit the $2 mark for a nice short entry.If it doesn’t bounce Monday I probably won’t play because the risk/reward will not be there.
Others on previous watchlists still in play. FUQI BORN HOOK G