STOCK PICKS FOR WEEK OF 3/23/09

Sunday, March 22, 2009 Leave a Comment

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>OWW - Orbitz Worldwide, Inc.
Current Price:  1.24        RSI: 26.53        ADX: 47.24

Comments:
Good pincher pattern ready to pop.  Approaching RSI of 30.  Prediction:  100%
3/23 - (O 1.28, H 1.34, L 1.20, C 1.29)  Chg +4.03%
3/24 - (O 1.30, H 1.33, L 1.19, C 1.20)  Chg -6.98%
3/25 - (O 1.20, H 1.35, L 1.19, C 1.28)  Chg +6.67%
3/26 - (O 1.36, H 1.56, L 1.30, C 1.46)  Chg +14.06%
3/27 - (O 1.44, H 1.57, L 1.36, C 1.45)  Chg -0.068%

Percentage Total (Beginning Low to End of Week High) % - +30.8%
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>SOMX - Somaxon Pharmaceuticals
Current Price:  .31          RSI: 22.94         ADX: 59.77

Comments:
Good pincher pattern.  ADX is high, and RSI won't take much to reach 30.   Prediction:  200%
3/23 - (O .31, H .31, L .30, C .31)  Chg +0.00%
3/24 - (O .31, H .40, L .31, C .36)  Chg +18.03%
3/25 - (O .40, H .40, L .37, C .37)  Chg +2.78%
3/26 - (O .39, H .41, L .33, C .37)  Chg +0.00%
3/27 - (O .38, H .38, L .32, C .35)  Chg -5.43%

Percentage Total (Beginning Low to End of Week High) % - +26.7%

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>SGY - Stone Energy Corp.
Current Price:  2.83        RSI: 35.88         ADX: 53.12

Comments:
I just like this stock.  Will definitely progress over the next few weeks.  Prediction:  200%
3/23 - (O 3.00, H 3.41, L 3.00, C 3.39)  Chg +19.79%
3/24 - (O 3.40, H 3.41, L 3.10, C 3.14)  Chg -7.37%
3/25 - (O 3.20, H 3.32, L 2.94, C 3.27)  Chg +4.14%
3/26 - (O 3.43, H 3.89, L 3.37, C 3.86)  Chg +18.04%
3/27 - (O 3.76, H 4.09, L 3.44, C 4.00)  Chg +3.63%

Percentage Total (Beginning Low to End of Week High) % - +36.3%
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>JTX - Jackson Hewitt Tax Service Inc.
Current Price:  3.14        RSI: 18.56         ADX: 69.41

Comments:
It's tax season for crying out loud.  ADX is out the roof, but RSI is kinda low.  Will definitely pop. Prediction:  300%
3/23 - (O 3.22, H 3.48, L 3.04, C 3.22)  Chg +2.55%
3/24 - (O 3.22, H 3.44, L 2.08, C 3.07)  Chg -4.66%
3/25 - (O 3.16, H 3.79, L 3.16, C 3.66)  Chg +19.22%
3/26 - (O 3.84, H 4.63, L 3.80, C 4.63)  Chg +26.50%
3/27 - (O 4.62, H 4.62, L 4.00, C 4.50)  Chg -2.81%

Percentage Total (Beginning Low to End of Week High) % - +52.0%
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>IGTP - Intelligence Sports (Soon to be Ligatt Securities)
Current Price:  .0019      RSI: 43.08         ADX: 26.43

Comments:
I hate this stock, but expect a good return.  May end up being a longer time hold than I would like, but expect it to go to .01-.05 by June.    Disclosure - I have 1.2 million shares. 
3/23 - (O .0020, H .0030, L .0020, C .0026)  Chg +36.84%
3/24 - (O .0026, H .0026, L .0023, C .0023)  Chg -11.54%
3/25 - (O .0023, H .0044, L .0023, C .0039)  Chg +69.57%
3/26 - (O .0036, H .0044, L .0027, C .0034)  Chg -12.82%
3/27 - (O .0032, H .0039, L .0032, C .0035)  Chg +2.94%

Percentage Total (Beginning Low to End of Week High) % - +95.0%

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