12-28-12 Last Opex "friday" of the year watchlist

CMG  - main watcher
HLF
OCZ
ONVO


watchlist with commentary featured here : http://stockhaven.com/stock-forum/watchlists-group1/pennies-picks-forum1/12-28-12-last-opex-friday-of-the-year-thread105.0/#postid-176

12-17-12 Coal stocks

Watch coals this week i think they will all make explosive moves
Coals have been an amazing short since early 2011 most down over 80% from their 2011 highs.  Now anyone who is still short will likely cover before the year end to lock in profits.   also coal looks to have bottom and i believe they will be huge winners in 2013 possibly double or triple from these levels


ACI 
ANR
JRCC

Stock watchlist featured here with commentary http://stockhaven.com/stock-forum/watchlists-group1/pennies-picks-forum1/12-17-12-coals-thread80.0/#postid-142

8x8 Inc. EGHT

I wanted to write about this a month ago but got lazy.  I believe this stock will be trading at $10 or higher in the next 6 months.    Recently this stock went from $4.50 to a high of  $7 in a Little over 2 months and currently consolidating after that big move.   The stock is currently up over 100% year to date.  So the stock does have a history of making big moves so why couldn't it go to $10 from $6.50  little over 3 bucks away.

some info on the company got it off google finance 

PE  6.6  avg in this sector 18 i  think 

Market cap : 470 million 

8x8,Inc. develops and markets telecommunications services for Internet protocol (IP), telephony and video applications, as well as contact center, Web-based conferencing and unified communications services, and cloud-based computing services. The Company offers the 8x8 Virtual Office hosted PBX (private branch exchange) service, 8x8 Virtual Contact Center service, 8x8 Virtual Office Pro unified communications solution and 8x8 Cloud-Based Computing Solutions. On June 17, 2011, 8x8 acquired Zerigo, Inc. In September 2011, the Company acquired Contactual, Inc.

They have beat earnings this past year from what i see and i believe they will keep doing so.  Next earnings report January 16th " not confirmed".

  

MAIN support: $5.80

Near term support $6.30  then $6

First hard resistance i see $8

Break over $7 we can see this speed up. 

The way im thinking of playing this is buying May 18 2013 options $7.50 strike currently .70-.75

that gives me 6 months for this to trade well over that and i believe thats enough time.    lets say this hits    

10-11 in the next 4 months that would value these over 2.50   from a .75 entry thats over 200%+ 

TARGET $10-12  in the next 6 months possibly higher maybe 15

When playing options long term u expose your self to time decay and the trade trade going against you.    

    

12-4-12 watchlist

SQNS
FSLR
OCZ
SVNT


Watchlist with commentary : http://stockhaven.com/stock-forum/watchlists-group1/pennies-picks-forum1/12-4-12-watchlist-thread53/#postid-89