NO PDT BROKER

Monday, October 15, 2012

Watchlist for 10-16-2012

CBIS- back on watch closed above .05  and all its buddies been going crazy HEMP, MJNA.  I have a feeling they are gonna have news soon like those 2 had today.  support .044  would like to see this hold .05 tomorrow and head towards .06-.07
JOEZ- earnings winner  hold above 1.20 and a break above 1.30 we could retest 52 week highs.
GALE- Nice run into close today. support for tomorrow 1.85 break above 2 we could test 2.20.  Bios still hot sector. Watch this for a gap up and run possibly in the morning
PCXCQ -  Coal stock up almost 100% past couple days.  If coal sector keeps running tomorrow this could easily test .25  support .18-.19
CORT-  This is the only bio stock that i havent seen make a move yet just hasnt done anything  may make a move tomorrow support 2.70  move to 2.90-3 if vol comes in



OPTION PLAYS 

VHC- Great move today thats 4 up days now. Support i want to see hold tomorrow 25.50-25.75. a close above 27 we will see 30 by friday imo.  Low float stock and 40% float short. 
*some info on the stock*  They have trial against AAPL starting oct 26 something to do with patents. I believe they will win so i have a bullish bias on the stock. I'm currently long Nov strike calls and will add on dips. I believe this will be trading above 40-50 if they win.  I like my risk reward on this.



AAPL- Hold above 635 we going to test 646-650 if the market is green tomorrow 
SODA- Nice move today. tomorrow should hold 37 watch for 38 break and a push towards 40-42 by friday 

Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.

2 comments:

  1. Hey pennies, check out SRGL at $.03, a press release is coming in days. Get in before the pump. Only 50M float with loaded land assets for gold/silver. Great pick short or long term.
    Finalizing negotiations in Mexico right now, PR very soon.

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    Replies
    1. As long as .03 holds it could head higher but i dont like the stock

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