Just put ‘em all in a watchlist and watch ‘em…some will go nowhere, some will spike, some will drop…aim small, miss small, learn to understand the setups that lead to the biggest drops:
GETG had a nice reversal—thought about shorting into the clo0se, but now that Thinkorswim got strict about the Pattern Day Trader rule, I’m scared to short imperfect setups, kinda of a gift and a curse…no support til $3, definitely reserves shares for possible short
WLGC is a patent play, they typically runup nicely, but only if the volume is there and inevitably come crashing down, reserve shares to short just in case
ARTE whaaaat? Trying to make a cup & handle breakout right into resistance at $2? Wow, this would be pretty amazing, I just can’t believe it, reserve shares just in case this breakout attempt fails…hopefully it keeps goin cuz right now potential downside is shit
Ambac Financial Group, Inc. (ABK) is a distressed financial stock, not for me, gotta know what you’re good and not good at & stay disciplined
Radian Group Inc. (RDN) is the same exact thing, tempting, but no thanks…waaaay too new-related, I totally p refer pump and dumps and frauds, at least those guys don’t pretend to be competent
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ERII was alerted, traded and written about….good god, this was a nice 15-20%…now, who knows, lots of bitter shareholders, even more people believing it’ll spike again…I just don’t care, I go for that initial pop cuz it’s more predictable. Avoid.
NCEY had that nasty financial filing, it’s dead to me…and probly to the world now…try to reserve shares to short as this could really go under 20 or even 10 cents in the next few weeks
GigaMedia Limited (GIGM) is my #1 potential short today, resistance just under $15, I hope it gets there as then it’d be an easy $1-2 pullback…probly…definitely reserve shares early as it’s on everyone’s radar considering how junkie the company is.
Hemispherx BioPharma, Inc (HEB) had positive FDA news gradual riser throughout the day, actually tempted to go long on this breakout…too late now, hope fofr it to get extended to make it a short
And then there’s a whoooooooooole bunch of stocks that have gotten crushed and people are picking up as rebound plays, all are potential shorts if their rebounds continue/get extended like GIGM seems to be trying to accomplish…reserve shares at will
ALTI—news ain’t shit, frggin fraud, shhhhhh don’t tell the believers
TSTR—please get close to bigtime resistance at $4!
NURO—duhhh, look at me, I’m a failing biotech, duhhhhhh
CALP—haha nice spike attempt you lil bitch
NKTR—another NURO, c’mon, keep the dead cat bounce up
LEE—down more, spike less, means it can’t even bottom, maybe I’ll be aggressive with this one
ABAT & VLNC—battery BSers in freefall, trying to make one last charge..hehehe…shutup Sykes
EXEL—gonna be a nice short, c’mon just 1-2 more days of laughable spiking attempts!
DAN—up on an ANALyst comments, need I say more?
IMMR—immerse yourself in this horrific chart
DXCM—last and least
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Posted in Hot Stocks, Potential Plays