8/29 Watchlist

 

Main watches:

 

FSNN is a contract winner that also broke out to a new 52 week high. Shareholders of the acquired business's company will recieve approx. 73M shares of FSNN valued at 3.85 per share. It has come down pretty hard from it's pre-market highs yesterday, but held it's multi month breakout area in the 1.90's, and finished the day strong. Potential buy on any dip. 

 

 

TRXC CRMD ALQA TNDM are all speculative stocks with very bad longer term charts. All are potential shorts into morning spikes as they are all likely to fade back to where they came from. CRMD and ALQA have both reported earnings earlier this month, and are now spiking because of the earnings analysis. TNDM has FDA approval on their little insulin pump, however the company has no cash and no income, so this will very likely fade. TRXC is up on no news, and just like those three others, has no cash or income.

 

 

ETRM EVOK PERF are three after hours spikers. ETRM has a study analysis on their therapy treatment. I read the press release, and it did not seem too interesting to me, mainly because they pretty much have a press release every week. I could not find any news on EVOK, but that stock also did not have as much volume after hours as ETRM. Both have bad looking long term charts, and both are potential shorts. EVOK actually has a very clear pattern of failed morning gap ups. PERF has announced bankruptcy protection, so that stock is up mainly on hopes and dreams of the company going to save itself. Would be nice to see it run to the mid or high 2's, as it has a ton of resistance there. Will short into a morning spike!

 

 

Other watches: 

 

RTNB is the low float runner from last week that is now fading back down. However, every morning the stock seems to spike up, just to fade right back down again. This will be a potential buy near the market open, but you have to be quick. A short will be better, but I can't find any shares to short. 

 

 

FENG is the earnings winner from two weeks ago that I am still watching. It's coming down off it's highs a little bit now, but the trend is still intact. No play yet, as it needs to consolidate a little more, but worth the watch

 

 

NSRPF is the pump that I am still watching for potential dip buys into morning panics. However, I want to see a big 10-20% panic before I consider touching it. No play right now, like to see it break $3.00 first