Tuesday, October 7, 2008

10.8 Watchlist

Well, I did some searching and these are the few plays that caught my eyes in this tough market. Patience is a must!

RZ - closed red at an additional -11.32% today. A nice simple chart with that should have more downside left.
TMA - closed red at an additional -12.42% today. Still not on the SEC short ban list when I last checked. I think it's just a matter of time until we can stick a fork in this mortgage company. A 101M mortgage company that's still in business in today's economic climate?! Ha yeah right!
CIX - green at 9.71% with a sharp spike at the close today. Otherwise, this stock hasn't done a thing and should give back some.
GGC - a chemical company that closed
green at 18.40% on no news. Otherwise this stock hasn't done a thing as well.
WH - closed green at 14.56% today. Sketchy 600M "company" that does business through China. A hard to borrow stock on TOS.

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