Tuesday, November 11, 2008

11.12 Watchlist - Come On Red!

I scanned and scanned quite a number of stocks, but I only found a few that really caught my eyes. I try to be extremely picky in order to minimize risk to my account. I haven't been able to trade as much as I would like to because of my school obligations, so I'm hoping there are great trading opportunites out there tomorrow morning. Here we go...

SNMX - Finished the day green at 21.95% with a green streak up about 55% since last Wednesday. I'll be watching this if it finally runs out of steam. Any sign of red should make this a good short play.
HOTT - Closed out Tuesday in the green at 16.01%. If this stock cannot hold $7.00, then I'll jump on it and ride it down.
SIRF - It's first day in the red, closing out at -9.33%. Lots of luck trying to find shares for this one!
ATRC - Up green about 40% since last Friday while closing Tuesday in the green at 15.27%.
FSE - A nice boring stock that hasn't done a thing until it finished green today at 21.17%. Lots of luck trying to find shares to borrow though!
CPHL - It's first red day at -1.57%. This is the biggest company on my list with a 408M marketcap, so I'd like to see this stock lose more steam.

3 comments:

RamtaJogi said...

Isn't HOTT bit too choppy? If you consider high/low, it could move almost a dollar in a day! I will pass on that one.

Out of the remaining, I only like SNMX. We will see how it goes.

Good luck for tomorrow!

RJ

RamtaJogi said...

BTW, Idea with my previous comment was not to put down your picks, I was only expressing my thoughts about what I would potentially play.

And yes, thanks for the watches!
RJ

IL Torello said...

Ramta...no worries dude. I like the input from other traders such as yourself so that I can get other perspectives. Good luck today!