8/24 Watchlist
Main watches:
RTNB is the supernova from two days ago. I bought the dip yesterday in the high 1's for a nice 10%+ gain. This stock has had morning spikes every single day for the past 4 days, so if it's down pre-market, I will be looking to buy some off of a support level. Yesterday morning it started running higher about 10-15 minutes before market open, so that could be an indicator. Don't chase, as this stock has been halted multiple times now.
LOV is actually an earnings winner with a very nasty long term chart. It's had 2 consequtive days of failed morning spikes. SureTrader has shares to short, so I can go aggressive if this has a morning spike to the 1.40's/1.50's.
IMNP is yesterday afternoon's runner from the 1.20's to the 2.60's, before closing in the low 2's. Stock is purely up on speculation, and has a nasty long term chart. SureTrader has shares to short, so I will be looking to short this stock tomorrow. Ideally on a morning spike to the 3's.
NSRPF is a pump and dump that Tim has succesfully dip bought yesterday. I will still be interested in a dip buy on a morning panic. I didn't buy it, as I was too busy with RTNB. Still a potential dip buy on a morning panic.
NPTN SQNS are two other speculative plays that are spiking. Both are potential shorts, however NPTN is a bit higher priced for my taste.
JMEI is another similar play like FENG. It has come down off it's highs now, and basing in the 3.30's. Once this stock breaks over 3.50, it can potentially see 4.00. Solid support in the low 3's, so potential dip buy there on any morning panic. But beware, since it's a speculative play.
Other watches:
FENG is the earnings winner I succesfully bought yesterday on the break of 4.80. It's a very clear pattern straight off of Trading Tickers "buying major overextended breakouts". However, as I warned in my Watchlist from Tuesday, it has more resistance in the low 5's. It closed above it's breakout level of 4.80, but I wouldn't chase it up here any more. Just watching it for now.
EXPR is another earnings winner that's spiking. It is also a bit higher priced for what I like, and it has a nasty longer term chart. I would just be watching this, and see where the stock can go.
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