Thundrous Thursday Stocks - 05/21/09 - ANDS, LGTT, CHTRQ, NRTLQ, APDN
Wednesday, May 20, 2009
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Here's my picks for Thursday, 5/21/09 -
- OFF THE LIST -
ONCF - Rose 1.1% today. Did exactly as predicted - Will continue a downward trend IMO. Hit the 2.00 target and up to 2.10. Moving on...
DSCO - Adjusted as expected. Hit 1.22, then tanked from there. Will adjust at the close I believe or slightly lower. Moving on....
CRGN - Pullback happened as expected - May continue to tank or rebound to previous day levels. Moving on....
- ACTIVE STOCK LIST -
Still in this one today, and will ride this one to it's target ($4-$5). Good volume and went up to 2.53. I think the retracement was a setup for Thursday. Let's keep close eyes on this one.
Okay - so the CEO is a little looney, and not the embodiment of what we envision a CEO should act or talk like, but the company is doing lots of PR activities and has some promise. More MMs to begin trading the stock, and this should begin to climb. The Caveat Emptor symbol was removed from pinksheets, and the guy is at least doing what he says he's going to do. Please, do yourself a favor, don't watch the youtube videos.
As for today, no change, and traded sideways. Pincher still looks good. I'm in this one. Let's see what happens Thursday. News on debt restructure could have an effect, but this company is in Chap 11. Who cares. It's set for a pop. I have an itchy trigger finger if this isn't going my way.
Also in the weekly view, and still in it. Hope this see some climb tomorrow. Trigger finger ready on this one too.
It's touching the overbought line with an RSI of 69, but it may have a little juice left in it. Target between .15-.17.
- WATCH LIST -
AMNE, BWNR, TSTR, SAY, CGFIA, SQNM, EROC, IMXC and HAYZ.
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