Stock Watch 3.23.11 “INVious”
Tuesday all went according to PRAN. It was a great short for our chat room. Fortunately there was a nice afternoon pop so it should still be in play Wednesday. Oil made a late day surge which revitalized cheapie stocks like ROYL LEI BDCO etc. Keep those players on watch for Wednesday.
Cleared over 16% in trades Tuesday Click here for details http://thelincolnlist.com/subscribe/
Watchlist INV CHGS BSPM TGE CHS
INV
This is taking off big time. No real news behind it. That would explain the excerpt below that appeared on yahoofinance. Sketchy. Obvious short
TAMPA, Fla.–(BUSINESS WIRE)– Innovaro, Inc. (NYSE Amex:INV) reported today that the NYSE Amex has contacted the Company and, in accordance with its usual practice, requested that the Company issue a press release regarding the increased market activity in the Company’s common stock. As a matter of policy, the Company does not comment on such matters. original article here http://finance.yahoo.com/news/Innovaro-Inc-Issues-No-bw-2097417512.html?x=0&.v=1
CHGS
Just an over-flower from the massive Rare Earth Rally Tuesday. If rare earths are strong you would want to buy MCP or REE. When they fail the CHGS and SHZ go first
BSPM
They have an earnings conference call scheduled for Friday. Shares were recently at a 52 week low. This bounce is probably momentum. We’ll see how it reacts in the next day or two.
TGE
One to keep an eye on if it can break out above $8. There are some shaky investigations concerning acquisitions so a stock like this could tank any minute
CHS
Printing a few dojis on the daily chart. No doubt this is consolidating and will move in one direction or the other. This needs to get through 14.22 to move higher. Under 13.75 it fades.
