A dozen stocks I’m watching, again, no Supernovas, nothing ideal, just watching and preying:
BPAX female Viagra maker had a solid multi-month breakout that caught some long-term shorts by surprise, lots of overhead resistance around $6 means that even though it’s a breakouts, its gonna be choppy waters…aggressive traders can short into morning spikes, but scalps are tough as they tend to run further than you think possible…reserve shares just in case
LAB up on NYSE rules, big continuation rally possibly but not probable
PGOG spammer play big drop on Friday, normally would the beginning of the end, but lately these plays just keep comin’…reserve shares just in case
ASFI receivable play comeback, who knows with this sketchy industry
HDLM 30 cents to $2 now…when it ends, who cares, its gradual, I want vertical!
HPOL is vertical, but its only up 50 cents in2 days…I want more!
LBAS is one you always gotta keep an eye on, if you have balls/guts, maybe even buy it cuz it’s probly gonna pull an MXFD even though both companies are total scams (You Can’t Handle The Pump!)
QBIK Perfect perfect breakout better than the breakouts in HUSA and GTE (this one is up big premarket), still watching all, considering how much this has already risen, not sure how much further it can go, hopefully it gets really extended like it did once before so I can the short side rather than just the long!
BQI picture perfect breakout Friday, as I covered on LiveStock, good things often start small
HYHY first down day, although not sure if it’s the beginning of the end or just a brief consolidation point…reserve shares to short just in case
SQNM just keeps going and proves why real companies don’t act as predictable as frauds and fluff
SNT is the latest Superman pick, surging because of that, volume so light though, and the chart is a breakout, even if it a fluff breakout, not really interested
For more to watch, take a look at Mike’s awesome watchlist
Posted in Breakouts, Hot Stocks, Potential Plays