Wednesday, October 12, 2011

Watch list for Thursday, 13th of October.


I am all out of my position on $SSN from last week swing +.14/share. Have couple opportunities to take it above $2.30 but didn’t do it because I thought this thing could really go after breaking resistance but no luck. Tomorrow I’ll be trading in chat in the afternoon. So if you are waiting for momo trade, be ready for it! More swing trades from JB should be coming soon because market shows some sign of reversal/up trend and let’s hope it is not faking on us (again).

Raystream Inc. (RAYS.OB)
Still going to be on my radar for a while just because of the group behind this $3m mailer. I like it if $1.50 holds the support. From daily chart, I guess they wanted to base this for a while so we might see side way price action tomorrow and rips a bit in the afternoon only to make it finishes on green. I think tomorrow is a good time to accumulate some shares on the big dip because they probably going to drop some more news over the weekend.

Genworth Financial Inc. (GNW)
Call this in chat at around $5.95ish, got a 10cents run and sold off. Then trying to bounce and sold off again into close. Big market cap, so don’t expect this to run like a low floaters. This could gap and run through $6 and speed up a bit. If gap down and wash, definitely will grab some shares down at $5.60-$5.70 for a swing into next week.

A123 Systems Inc. (AONE)
Love it! Mention this in chat around 1.30pm that this could keeps taking out HOD and BANG! Probably a correction day tomorrow, short on any big pops.
Also might start pulling into next week and I’ll be a buyer around $3.60s next week.

Clean Diesel Technologies Inc. (CDTI)
Kinda gliding down all day with pathetic volume. Will see if $3.50 support holds. If not, short it back down to $2s.

Sino-Global Shipping America Ltd. (SINO)
Former runner. Looks like something is up in the last hour of trading. Time for supernova again? I guess it is coming sooner or later.