Monday, January 16, 2012

Watchlist

MY - Potential buy
KGJI - Potential buy; trending upward on increasing volume
ZAGG - Potential buy or short since will now be testing support from earlier in the month. Surge in volume suggests bias towards buy. Up on news that ZAGG could get Wal-Mart as a customer so could make for a good short after hype fades.
BVSN - Lebed pump; good short ultimately since it is up on nothing but NIA emails. Still a real company though and buy-ins may be coming so don't rush into this too quickly.
ARRY - Up on good news of drug treatment results. Potential buy but not great. Keep an eye on volume.
FOLD - Seems to be breaking out on little to no news. Potential buy on technical breakout and longer term short if it starts to show weakness.
STEV - Pump and dump; Potential buy for quick profits. Better short over the next few days.
JBII - Company recently accused of securities fraud by the SEC. Big drop has already happened; now bouncing. Potential longer term short.
ELGX - Potential buy on increasing volume and technical breakout.

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