Stock Watchlist 12.9.10
Missed out on a couple of nice shorts and buys. Specifically IRE (short) and CRME (long). The VVUS short I took looked nice but that thing was stubborn and wouldn’t crack. On DEXO I held on to long was up about 20 25c on it within a few minutes but ended up letting it come back on me. I am going to have to shave some off when I get a 20 to 30c move right off the bat. If I don’t you should. You have to pay yourself 🙂
ALTID VVUS OREX BRNC ETRM CRME
Scanners ( No analysis) INFN VRGY ENTR
ALTID
Nice 20% pop off of a battery contract. Good thing because that’s all that saved this joker. I like this as a short because I think this is just a happy day play and Thursday everyone who is long will say ” Why did I buy this” .
VVUS OREX
I jumped in the VVUS short but it just didn’t break down. It had a few fakes but no go. I still like both of these for now as neither really rallied up to the close so I think buyers are uninterested at these prices.
BRNC
Ran right up to double top resistance at 5.60 It faded on the first try but then made a second attempt before the close. I like this as a buy on volume past 5.50. Could run to 7.10 by Friday.
ETRM
I would have like to have caught this during trading hours as this is a beautiful short set up. I think it may be a good short tomorrow providing it goes up some. It faded a lot from the intra day highs
CRME
Had this as a buy on Wednesdays watchlist and it was a nice runner. Good thing I didn’t buy it right? It’s up too much for me to buy so I will stalk as a short.
INFN
VRGY
ENTR
