Thursday, January 19, 2012

Watchlist

Be sure to check out Profit.ly's newsletters for trade ideas that are surprisingly better than my own.

BVSN - A lebed pump that has shown a surprising amount of strength. Be patient with this one but ultimately it will fall hard and thus has huge potential as a short. Today it finished with a very strong close so it will likely make a good morning buy if it doesn't gap up too far. Shorts may also get squeezed out for the weekend so this stock is looking more like a buy than a short at this point. Conference call coming up next Thursday though which will probably trigger the total collapse of this run-up if it doesn't happen before than. Check out this great blog post exposing the pumpers and this weak company.

LWLG - Continuing up on a highly positive PR from the CEO. I'm not impressed at all considering they released a very similar PR over 4 years ago and they still have zero revenue. I would keep my eye out for a short if people start realizing revenue is still not coming anytime soon.

EGHT - Gapped up on better than expected financial reports released just after Wednesday's close. Set an alert for 4.44 and you may have a potential breakout play tomorrow.

CISG - Up 25% on the day with no clear news. Finished near it's highs so the upside may continue into tomorrow. Potential short.

STVI.OB
- Up 41% with a strong spike into the close. CEO featured in this video at thestreet.com;  Likely to see some early morning gains tomorrow.

URRE - Finished close to breakout levels although the catalyst for Uranium Resources Inc. seems to be a bland article at Seeking Alpha

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