Penny Stock Watchlist 9.13.10 KV.A BDCO JASO ANX ANDS BORN
Friday was another big day in our free chat. Big trade on BORN , view here. http://thelincolnlist.com/?p=1107 To join free chat go to http://www.meebo.com/room/lincolnalerts/ Access code: lincolnlist
KV.A
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BDCO
I like this stock for two reasons. One, it’s up over 100% in 4 days. Two, It’s never been able to hold any of these parabolic spikes in the past. This should turn out to be a real nice short. Pull up a daily chart. Look at the spikes from February and late June, then look how quickly BDCO faded. I would expect this move will be no different. I would always like to see a day five but unless a strong round of pumping comes out Monday I can’t see it. I will look to short on the first signs of weakness.
JASO
This stock is in a peculiar position on the chart. Gaped up outside of a double top at 6.62 and desperately holding on to these gains. I’m looking for a possible retest of that level and that sets up a short play on weakening conditions. If it does reach that level and hold this stock may be a decent buy. I will have to see how it looks on Monday. Regardless I don’t see either move happening right away.
ANX
Got a little pump from Rodman and Renshaw. They upgraded iy to a market out perform, that’s not saying much. I really want this stock to get pumped up a little more because it’s not worth my time at this price level. However, the chart is very reminiscent to BDCO in the fact it can not hold any spikes either. This will definitely pull back, It would be nice to get this up a little higher first.
ANDS
Set in some good support in the 1.70’s and popped on Friday. I am bullish on this stock and it may see a run to over $2 in the next few days, maybe up to 2.20 by the end of the week. Very low volume traded on this one.
BORN
What a nice hit in chat on Friday. I don’t know why more people are not on this one but I don’t care it’s been good to me so far. View recap here. http://thelincolnlist.com/?p=1107