I still have my position in TGD, which I will look to sell tomorrow if it fails to breakout past $0.20 for the 3^rd time in the past 2 days. I still see lots of upside here in a very hot sector but I’m cautious holding stocks for a few days in this market right now as anything can happen. I did open a small position in VLTC today as it was closing at long-term support. I’ll give an explanation as to why in my watch list for tomorrow. Here’s a recap of what I was watching today.

 

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UNIS – I was in traffic this morning and saw this down in PM and I was trying my best to get home by the market open. I walked in my door as the bell rung and I was able to sell right as it was dropping below $1. I took my $20 loss but I’m more upset that I left a $100 profit on the table for this $20 loss. It’s a good lesson learned. I really have to just take profits instead of getting greedy which is exactly what I did. Earnings came out and they don’t look good. Still no word on the deal with AMGN, which I heard was going to be announced tomorrow. I’d like to see how this reacts to earnings with the potential deal and if the deal goes through, will they balance each other out or will this just tank? Still no play for me because I want to see what happens tomorrow with AMGN.

 

HMY – This just keeps going. For me, I wont buy this unless we get a healthy dip. It’s just too pricey for me now. I really need to learn to be more patient because I’m noticing that a lot of these that I’m buying are running further than I expect them to. On the flip side, I can get burned like UNIS so I just have to be a little bit more patient with my swings and a little less greedy and my day trades. This actually touched $2.50 today, which was incredible. $0.70 from my original buy last week! It pulled back towards the end of the day and I’m hoping it continues to pull back for the next day or two. I’d love to see this get back closer to $2/share before thinking about getting back in.

 

TGD – Absolutely beautiful! I bought this a couple weeks ago at $0.1050 and sold in the $0.13’s and today it nearly touched $0.20! I did rebuy at $0.1757 as it was breaking out past some resistance from the last 3 months. I really think if this can break $0.22 tomorrow or Wednesday, we’ll see $0.30 by the end of the week. This has been a hot sector for the past few months as gold hit its highest point since June. Top Watch*** Another positive day today however on very little volume. It also failed to breakout past $0.20 again for the 3^rd time in 2 days. If this can’t breakout tomorrow, I will look to sell and take my profits. Still lot’s of upside here if this continues to climb slowly.

 

AUMN and GSS – These are both sympathy gold plays that have little downside and some good upside. Both are attempting to break out past resistance and with some more volume can really spike. I think a lot of people are looking at low priced gold plays right now where they see a lot of potential upside and these look like they fit the bill. Let’s see if I’m right in the upcoming days but I’ll be watching these closely. These were both sympathy plays from yesterday and they both did pretty much nothing today. I’m still going to watch them as they are both very close to breaking out of long-term support. I’ll be watching but not as closely.

 

 

Here’s a few stocks that I’m always watching do to their volatility and ability to spike huge given the right catalyst or PR. Sometime they spike when they start to get near their long term support levels also without any catalyst.

 

HEAR, EKSO, VLTC, LIVE, AVXL

 

If you would like to know why these are on my watch list you can either ask, or go back into my watch lists from earlier in the year explaining in detail what I’m looking at and why.