Stock Watchlist 2.10.11. ” Buzzer beater”
Market groundhog day has been in full force since December. On Wednesday the DOW came from 40 pts down to in the green ( 6.66 ohh. But changed to 6.76 3 min after close. Don’t want that over your head). Another fake out for shorters but now” knife” in chat owes me 50 bucks cause I called it. ( Just joking. All in good fun). I had a couple of nice trades at the close but nothing that will pay the rent. Another buzzer beater was TA. Joker was supposed to report earnings but apparently Yahoo screwed the date up. Now, I guess it’s later this month. Only delaying the inevitable. I’m going to start shorting some of these carcasses soon
Watchlist NVAX NEI BIOF SWS PRCP
Previous watchers LOCM MERC SHZ USAT
NVAX
Had about 4 days worth of consol in the low 2’s. Wednesday saw a substantial volume increase. There are scheduled to present their H1N1 clinical data next week. Maybe some euphoria running prior.
NEI
May finally breakout above the 2.35 level. Volume and price are steadily increasing but sometimes the movement is sketch. Possible short if this thing cant get moving.
BIOF
Got the boost from insiders increasing their stake by 40% . I ‘ve traded BIOF before. Historically this thing never holds up and loves to fade. See how the news story continues tomorrow but I would like to short off a morning spike
SWS
Earnings surprise surprised the stock price. I hate shorting earnings plays but this this is berserk up here. I would consider this a short if it moves any higher
PRCP
Another earnings player. Gaped up strong but didn’t do much after that. See if anything special happens Thursday
WWWW
RTEC
MVIS
