Monday, January 23, 2012

Watchlist

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

BVSN - This probably deserves your full attention since the potential downside is so wonderfully immense. Check back to previous watchlists if you're unfamiliar with it's background story. Shorts continue to be hard to borrow and I suspect that most of the people who snatch them up in the morning without considering the consequences are hurting now since this stock has continued to rise. Wait for significant cracking before you short to avoid joining the over aggressive shorts who have already been squeezed. Earnings announcement will be on Thursday which will very likely become the catalyst for it's collapse.

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