Okay, so I just moved to a new apartment and am ready for Mega-Monday! Mr.Bond is back in chat with his crystal ball and ready to get this thing going :). Hope we have some good swing ideas for Monday and please always come to the room prepared. Everybody should have read Jason’s daily update and watch list before enter the chat and study all the charts he put on his watch list. Again, if you have any questions, please don’t hesitate to throw them in chat and I will be happy to answer them. If you have a specific question for Jason or me, please use private message instead of normal chat window. Here is my watch list for Monday, 7th of August:
For anybody who likes a quick flip in the morning, StockHideout has a pick tomorrow at 9.30AM. CLICK HERE for a landing page. Also please ask Jason in chat if this worth buying for a quick profit.
Game Plan Holdings Inc. (GPLH.OB) $0.44
The chart doesn’t look attractive right now but I think it is a bargain at 44cents here. Look at 3-months chart on RYUN and I think this is a just a beginning of it. When RYUN is dead, then it’s time for GPLH to run. So I am not going to be surprise when I see GPLH trading at around $1/share within a month.
Web.com Group, Inc (WWWW) $11.94
Very interesting stock to watch tomorrow. Mister X alerted it on Thursday at 1pm and it sold off, then big gap the next day. Sold of again in the morning on Friday and run-up in the afternoon. So if Monday sold off again I’ll be looking for a bounce play. It has a nice range and could be profit from both long and short sides. If this gap big tomorrow then we are looking for short out of the gate. I’ll reserve some shares because I think tomorrow is going to be the top.
Location Based Technologies, Inc. (LBAS.OB) $0.65
Has been on my accumulation scan for a long time and now is going for multi-day run-up. It was very choppy on Friday but I think they still supporting it and we probably will see $0.70 break tomorrow. If it breakdown $0.60 then I wont touch it.
Raptor Pharmaceuticals Corp. (RPTP) $4.87
Looking for afternoon fade. Should be a great short tomorrow.
Cogo Group, Inc. (COGO) $2.88
Depending on the market but for now I see COGO gap up and run through $3.25. For me trigger price is at $3.10 and play for $3.40 with tight stop. If it gaps and craps then looking for base, gearing towards r/g and watch for volume before you get in.
