Stock Watch 2.28.11 “ROYL with Cheese”
Friday= bang’em. So many good plays in chat i couldn’t keep up with them. Plenty of good buys and shorts to be had regardless of the overall market motive. I spent a few in and out trips shorting ROYL and but I think the best is yet to come on that joker. Monday should be the real test. I have tons of sweet plays lined up for Monday so I only put about 12 on this list.
To receive a free 2 week trial to thelincolnlist .com click here http://thelincolnlist.com/subscribe/
Watchlist ATAI PSTR ZINC TSTY HDNG HHWW
Scanners ( charts only) RCMT ASGN TESO
Previous watchers still in play: HERO EEE HILL ROYL
ATAI
I love these chart set ups. I could care less what the story is I just want to short it. The only drawback is it’s light on share volume. I’d love to see this move towards $8 and then short but we’ll see Monday morning.
PSTR
These little energies have been popping up all over the place. This on had good earnings a few days back but now it’s reaching levels you have to consider shorting. Nice parabolic pattern but volume is fading quick.
ZINC
Daily chart breakout at 15.50. This should run a little more towards $17 before giving up some gains. If it’s strong early I may long this. Otherwise, I’ll just wait for a short to open up.
TSTY
TSTY is a tasty short. This company is a hood rat at best. The only reason it bounced Friday was because of short call ins. When these garbage stock get a bounce all the bagholders bail on them. I expect the same her. If not I’ll wait to short this at some point.
HDNG
Big breakout Friday. This makes very little sense. They only made 2mil last quarter and at these prices this is way overvalued. I hope it breaks out more Monday so it’s a premo short.
HHWW
I bought some of this Friday at the close. This consolidated around 95c and the second round of pump letter went out. Last time 50cent was in on this and it torqued to the moon. I doubt the round 2 pump will be that good but a good 30c will be fine .
RCMT
ASGN
TESO
