Watch List 12-02-2015

---------------------

 

GIGA -  A contract winner that has a software deal with Lockheed Martin. I thought about buying

        this morning near 2.70 right after Tim alerted it and I found out what the catalyst was. 

        Stayed out, but I will be watching this into the open tomorrow. Shorts began attacking

        after it topped at 3.85. This news may very well already be priced in. If price action

        looks similar at the open tomorrw as it did today I will consider buying it with 2.60

        as support and aim for .40/share of upside with a downside of .10/share RR 4 to 1. 

        * Dip buy 2.60 RR 4 to 1 * Float 4.76M

 

NETE - Company has positive news out about reaccuring mobile payment subscribers. They just hit

       a new miles stone of 3 million subscribers. The stock ran solidly today and is high on 

       the watch list tomorrow. Up 76% on the day! It dipped at the open to a key level at .28

       a share. If price action resembles what happened today then tomorrow we can look for a 

       dip to about .42/share with an upside of maybe .05/share if it fails on the break out. 

       That would be playing this one extremely safe, which is totally fine. Risk is .02/share

       Obviously if this breaks out over .47/share it will be a very strong buy as this closed

       strong today and there is a good chance of a gap up tomorrow due to today's price action. 

       * Dip Buy .42/share RR better than 2 to 1 * Float is 47.32M.

 

CLNT - Company released earnings a little more than two weeks ago and it did nothing. They 

       released a PR on the 27th and it took a while for people to take a look at it, but 

       the company has some really good forward looking things to report and self reliable 

       earnings looking back. They are also about on par with competitors. Possible dip buy if

       it dips to around 1.80 area with a down side of .10/share upside to aim for is .40/share

       * Dip Buy around 1.80 RR 4 to 1 * Float 1.64 M

 

GBSN - Still watching this one from yesterday. Did almost exactly what I predicted in my watch

       list and yet I did not trade it for whatever reason, but I'm learning and growing every

       day buy doing this. .19/share is still a key level with multi day support as is .20. If

       it dips and shows support at either of these levels it will be a strong buy signal for 

       me and I would aim for .05-.06/share with a downside of a penny either way. 

       * Dip buy .19 RR 5 to 1 * Float 189.33M

 

ORMP - Another example of a stock doing what I want it to as layed out in my plans the day

       earlier in my watch list. I have been getting about two per watch list on average 

       lately. I just need to man up and trade my plans! It is currently at a key level of 

       support that I indicated as a break out over 9.40 in my watch list yesterday. If it 

       breaks out over 9.50 it is a possible buy while aiming for .30-.40/share down side is

       .05/share 

       * breakout 9.50 RR 6 to 1 * Float 9.44M

 

CLDN - Company has positive drug news out. It didn't really do too much today. But company 

       released an 8-k AH going over their orphan drug status. This caused the stock to spike

       up big AH. I will be interested to see how this does PM tomorrow morning. If it can 

       break out over 1.90 it could offer some really good risk reward of .30/share profits

       and .10/share risk 

       * Break out 1.90 RR 3 to 1 * Float 13.93M

 

BLOX - This stock is a bit too expensive for me, but that doesn't mean it is impossible to make

       money off of it. It is an earnings winner and the chart pattern kind of reminds me of 

       EFUT when it first released earnings. A strong up trend all day. Even if this was not as

       volatile, it still provided a dollar upside through out the trading day. It dropped at 

       the market open today and it is down AH already so a slight morning panic is not out of 

       the question, BUT it finished pretty strong today so it could really go either way. If

       it dips to 18.00 and holds support I would possibly aim for .40/share with an absolute 

       worst case scenario of .20/share down side. 

       * Dip Buy 18.00 RR 2 to 1 * Float 52.45