Stock Watch 5.25.11 ” Long Live LNG”
Seriously, this is now a Hall of Famer. I had this pegged as a short on Monday, watch video here http://thelincolnlist.com/stock-watch-5-24-11-lng-john/ and it was textbook. Since last week I’m well over 7k on this thing. To say I love it is an understatement. There are more for Wednesday.
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Watchlist ORS PCRX LMLP SQNS CIGX
ORS
I had this as a top short for Tuesday and it turned out to be a good one. Still the stock finished in the green so there is still a short for Wednesday.
PCRX
Pretty large 2 day run. I wouldn’t feel great about chasing a long up here but it could be a nice short on overbought conditions
LMLP
Nice looking chart off the bottom consolidation. Could be a good long early off volume. I don’t know if this is a runner but it could be a good play
SQNS
This has been on fire and chewing up shorts as it goes. I feel I should have longed this a few times by now but I didn’t. Anyway, I will stalk this for a short now because I think it’s over extended
CIGX
Closed near the key breakout point of 4.50. This has a real nice short term breakout chart. Looking for a $5 run.