Blaine Tarr
05-02-2012, 08:54 PM
XOMA closed over 3.00, as long as it holds, I'll continue to swing it; otherwise I may consider locking in .20 a share profit. NEOM still holding as I suggested it might a few days ago. Plenty of time to take on a few shares if you like what you see. Again, it should head back up soon, but if not I won't be a stuckholder, I'll just cut the loss. Haven't been day-trading as much lately. Partially due to the market conditions, partially due to my personal situation the past 2 weeks. I see this changing soon though; and there have been plenty opportunities called in chat the past few days though. Read some of the logs when they are posted later this week. It's been pretty hot in the Trading Room!
List for Thursday:
SNPK...... Just Kidding. Maybe the last emails on it tonight. Watch for something new late day tomorrow to catch some volume and then new emails hit. Remember it'll tank first to put a few shares on the market. Not saying they will have a new one tomorrow; all I'm saying is its very possible, so make sure your awake after lunch.
DUTV (Digital Utilities Ventures) - Hot subby alerted in chat today .0017 as volume hit before it spiked to .0028. Watch the .002 area to hold in the morning. If it does it could get going again. If it fails, probably a down day in store. More in chat of course. We'll play what it gives us.
STRI (STR Holdings)- Absolute Beauty today. Doodman nailed the gap up call this morning, and I alerted the 4.40 break a few minutes later that brought .50/share to those that took the idea. I'll be watching the 5.00 spot in the morning. 50 day moving average is 5.13. Could get interesting. Reported improved earnings and raised guidance for the year. Not that I trade off that, just saying its getting some attention right now, and could remain hot for a bit.
ELTP (Elite Pharmaceuticals)- tried to buy some of this end of day today at .15, as its trying to break out here. If .15 holds for a bit in the morning I may try again, as a possible swing back towards 52 week highs (.21). Patent news coming in 10 days, just sayin, might bring buyers.
HDSN (Hudson Technologies)- Another winner in chat today, alerted the move over 3.80 and peaked at 4.10, closed at 4.09 near high of day, so may get more tomorrow. These stocks over $1/2 that close near high of day after a breakout are good to hold as a swing as they can turn into multi-day moves.
INBP (Integrated Health Technologies) - Badass mofo is what this was today. Mid-day, volume perked up a bit, and I mentioned it was gearing out of consolidation just above .12. Damn thing ran to .33. Closed back down just below .20. That's what I'll be watching the morning. Needs the cross and volume, could go again, otherwise its done for now.
TASR (TASER International) - broke the 4.60 range today for a quick .30, closed at 4.90. Watch the 5.00 spot now. Here's a long term look at TASR highlighting why a 5.00 break could be big. Might be worth the swing towards 7/7.50 but I'll probably just day-trade it for a few bucks if it continues. A few big pro 'buy' ratings coming in lately on TASR as well. Earnings beat last week too. All these signs point to buyers, making it likely to continue as a bullish trader friendly stock on range breaks.
http://content.screencast.com/users/btbulldawgs/folders/Jing/media/443d6630-dca3-46f1-8824-329c915b326b/TASR%205.3.png
PTAM (Potash America) - bigger volume today on confirmed promo. Needs over $1.00. Might start 'one of those charts' (if you know what mean) if it does. Haven't bought yet, but am considering it if volume continues to stay and increase as well as the move over $1.00. It had more volume than that AEDC (alleged $1.7 million promo) today. Speaking of which, that one needs more volume and over 1.25.
EMMS - Called this in chat today as it was breaking yesterday's high about 1.43 before it ran to 1.72. Same idea for tomorrow, watch it to break today's high. Otherwise, start looking for shares to short.
ICPA - bounce watch, needs over .04, otherwise it may tank again.
IMGG - Not sure what to think about this pos other than a 50% drop is at least worthy of a watch for a bounce. But this company..... well let's not go there; just play the chart if looks like it might bounce.
We find plenty of other stocks to watch based off live scans during the day, so join us in chat to see what we're playing (http://onlinetradersforum.com/showthread.php?t=623969)!
List for Thursday:
SNPK...... Just Kidding. Maybe the last emails on it tonight. Watch for something new late day tomorrow to catch some volume and then new emails hit. Remember it'll tank first to put a few shares on the market. Not saying they will have a new one tomorrow; all I'm saying is its very possible, so make sure your awake after lunch.
DUTV (Digital Utilities Ventures) - Hot subby alerted in chat today .0017 as volume hit before it spiked to .0028. Watch the .002 area to hold in the morning. If it does it could get going again. If it fails, probably a down day in store. More in chat of course. We'll play what it gives us.
STRI (STR Holdings)- Absolute Beauty today. Doodman nailed the gap up call this morning, and I alerted the 4.40 break a few minutes later that brought .50/share to those that took the idea. I'll be watching the 5.00 spot in the morning. 50 day moving average is 5.13. Could get interesting. Reported improved earnings and raised guidance for the year. Not that I trade off that, just saying its getting some attention right now, and could remain hot for a bit.
ELTP (Elite Pharmaceuticals)- tried to buy some of this end of day today at .15, as its trying to break out here. If .15 holds for a bit in the morning I may try again, as a possible swing back towards 52 week highs (.21). Patent news coming in 10 days, just sayin, might bring buyers.
HDSN (Hudson Technologies)- Another winner in chat today, alerted the move over 3.80 and peaked at 4.10, closed at 4.09 near high of day, so may get more tomorrow. These stocks over $1/2 that close near high of day after a breakout are good to hold as a swing as they can turn into multi-day moves.
INBP (Integrated Health Technologies) - Badass mofo is what this was today. Mid-day, volume perked up a bit, and I mentioned it was gearing out of consolidation just above .12. Damn thing ran to .33. Closed back down just below .20. That's what I'll be watching the morning. Needs the cross and volume, could go again, otherwise its done for now.
TASR (TASER International) - broke the 4.60 range today for a quick .30, closed at 4.90. Watch the 5.00 spot now. Here's a long term look at TASR highlighting why a 5.00 break could be big. Might be worth the swing towards 7/7.50 but I'll probably just day-trade it for a few bucks if it continues. A few big pro 'buy' ratings coming in lately on TASR as well. Earnings beat last week too. All these signs point to buyers, making it likely to continue as a bullish trader friendly stock on range breaks.
http://content.screencast.com/users/btbulldawgs/folders/Jing/media/443d6630-dca3-46f1-8824-329c915b326b/TASR%205.3.png
PTAM (Potash America) - bigger volume today on confirmed promo. Needs over $1.00. Might start 'one of those charts' (if you know what mean) if it does. Haven't bought yet, but am considering it if volume continues to stay and increase as well as the move over $1.00. It had more volume than that AEDC (alleged $1.7 million promo) today. Speaking of which, that one needs more volume and over 1.25.
EMMS - Called this in chat today as it was breaking yesterday's high about 1.43 before it ran to 1.72. Same idea for tomorrow, watch it to break today's high. Otherwise, start looking for shares to short.
ICPA - bounce watch, needs over .04, otherwise it may tank again.
IMGG - Not sure what to think about this pos other than a 50% drop is at least worthy of a watch for a bounce. But this company..... well let's not go there; just play the chart if looks like it might bounce.
We find plenty of other stocks to watch based off live scans during the day, so join us in chat to see what we're playing (http://onlinetradersforum.com/showthread.php?t=623969)!