Thursday, June 7, 2012

Watch list for Friday 8th of June, 2012



Great Wall Builders Ltd (GWBU.OB)
Only pump and dumps that I’m following right now. They dump a lot around 1pm then followed by panic selling. Bid it up again to trap shorts. So now those that shorted down at 1.40s-1.50s are probably still in the trade waiting for a crack tomorrow. My thought on this is they going to dump again tomorrow and bid it up into close just to trap more shorts, drop more news over the weekend then squeeze is on next week. It’s just no reason to squeeze people out tomorrow, then there will be not enough momentum into next week because people going to sell hard on Monday morning gap up.


Akorn Inc (AKRX)
Just like the trend here. Market has been down since beginning of May but this thing is trending up nicely. Strong move over a month and probably continue to breakout.


Apollo Investment Corp (AINV)
Nothing much on this. Thinking would be a correction day tomorrow.


Sonic Corp (SONC)
If history repeats itself then this should be a good short tomorrow. BUT if this trading down $8.30s (fill the gap) I think it’s a good buy for another leg to come.


Polyone Corp (POL)
At the top of the channel right here. Looks like double top forming and we going see lower lows. Short Short Short!


Netlist Inc. (NLST)
Still stalking this one. Holding on this retracement really well and I think this will be up in $3 soon.