Stock Watchlist 1.4.11 ” They keep going”
These rare earths have created a mining frienzy. Every miner and there uncle are publishing videos and reports to connect themselves to rare earth. CWRN posted this one. How classy http://www.cottonwestern.com/iron_mines.php
Anyway I made some money on REE so I wont complain. Have to ride the waves of the market.
Watchlist AVL THLD MVIS LOCM SPMD BWEN XOMA AFOP
Previous Watchers : EXEL ,any energy, miner and rare earth stock.
AVL
The rare earth de jour. This company is worthless. As traders scramble to find correlation trades outside of MCP and REE they often throw money in these. I’ve read some of the financials and this is a joke. However,that doesn’t mean it won’t go up Tuesday. I will look to short but I will be very cautious
THLD
Probably a benefactor of a robust market. There may be some more bullish sentiment but we will have to wait until tomorrow until after the first hour
MVIS
Nice potential breakout at around 2.05. Would be interested in jumping in as long as the $2 area gets tested and holds
LOCM
A lot of micro cappers have been pumping LOCM for days, probably because they hold sizable positions. It looked like it would bust loose today but gave up 3% from it’s highs. That $7 was a ceiling it couldn’t cross. If it pops tomorrow I will short it because I think frustration will create selling.
SPMD
Closed right at the highs from mid December.It’s either going to break out or roll over from here. Should be some action in this name.
BWEN
I had this on the radar as a buy but after the first hour of trading it went flat. Maybe some juice to run it higher Tuesday but this thing is flaky.
XOMA
XOMA is back with some momentum. Maybe with an additional push it may challenge the highs and squeeze shorts. I have trouble locating shares so I will probably do some scalp buying.
AFOP
I have no solid reasoning for the massive upswing. This thing didn’t give up an inch today. There is everything from google buyouts to CNBC features. All of which is speculation. One to watch could be like BOOM
LCAV
POL
