Stock Watchlist 12.21.10.”3 Days and 3 Wishes”
Previous MCP ZAGG BOOM
Three days left in the trading week. I’m not the wishful type but if I did wish, I would like to see some trading going on because Monday was slop. Probably see more of this because lots of traders are lazy this time of year and are focusing on 2011 goals. Except us! We still want to bang’em up and line the pockets.
ARNA
One of my all time favorites. I highly doubt this goes up much and it will certainly fold. I need not say more. Look to short this one early and heavy.
CHTP
Another sweet set up that went nowhere. Probably should have took the small profit I had because not very many stocks are breaking apart. An impressive late day rally puts this on top of short watch.
LLNW
Nice parabolic spike in the afternoon and managed to keep it up. LLNW has been sold off a bit so this might be a nice catalyst to send it up . Nice buy on pull backs that base.
SVNT
I wanted to buy some January calls on this based on buyout rumors but the order was never filled. This still is a buyout target and the chart is perking up some. There can be wild moves in this so stay disciplined and buy on the dips.
PPHM
Getting mighty lofty at these prices but Bio tech with good news = big moves. Lets see what happens tomorrow but if the news can pick up steam this can bounce more before flipping short.
BSFT
Looking seriously nice for a short. Can no longer hold it’s gain .Look to short from pops not dip chasing
ENZ
LZB
