I haven't posted in a while, just been too damn busy with the new schedule change but I might get back two or three market mornings a week very soon.
Three stocks to keep an eye on...one which has the potential to run like a muthuh...
I really hate this stock but when it holds its gains and has not given up the spike crash yet it has the potential to run. It's actually holding support after hours. It likes to tank so keep a tight watch on it. Watch this if you get in and it makes its way to the $2.20 level. Key level there.
Recent earnings winner that is holding the $6.00 area well. Volume fell back a little but a move back above $6.15 - $6.20 with volume could test highs and continue up.
Big move potential: IF IF IF IF
Tomorrow they post Phase III results and are a recent earnings winner along with a float of about 7Mil shares. What does this mean??? Big move potential. There has been some recent insider selling and the stock is at the top of its current range since last December. Either way..early bird gets the worm or stays at home and misses breakfast.
Trade this one SMART. Low floats with big news can have moves of 50 cents or more in one 1-minute bar. This can easily scare you out of a position if you go in too big and the stock ticks down after your entry and you are down a big amount even with the trend or move up. Yes, you can make big bank on these but smaller accounts going in too big can easily cause sphincter tightening heart palpitations.