I think there are some monster winners in here. My favorites are MVIS, HUSA and GERN but I’ll be monitoring all 7 and there’s a good chance I’ll be moving on some of these with my premium members.
The criteria I scan for is at least $1 million in dollar volume, a Beta above 1 and preferably 2, a market cap around $50m and $2b and the more short interest the better. There’s a good mix of oversold plays and continuation patterns here. I prefer NYSE, AMEX and NASDAQ but I don’t mind getting my hands dirty in OTCBB land if it means I can lock a profit.
Houston American Energy Corp. (AMEX:HUSA) engages in the acquisition, exploration, exploitation, development, and production of natural gas and crude oil properties in the U.S. Gulf Coast region and South America. HUSA stock has a Beta of 1.85, short interest of 4 days to cover and a market cap of $56 million. Definitely one of my favorites.
Microvision (NASDAQ:MVIS) engages in the development of miniature laser display and imaging engines based upon its proprietary PicoP display engine technology. MVIS stock has a Beta of 2.27, short interest of 9 days to cover and a market cap of $33 million. Probably my favorite.
Hovnanian Enterprises Inc (NYSE:HOV) designs, constructs, markets, and sells residential homes in the United States. HOV stock has a Beta of 3.36 (Oh yea!), short interest of 3 days to cover and a market cap of $192 million.
Golden Star Resources Ltd (AMEX:GSS) engages in the acquisition, exploration, development, and operation of gold properties. GSS stock has a Beta of 1.45, short interest of 5 days to cover and a market cap of $413 million.
Gmx Resources Inc (NASDAQ:GMXR) operates as an independent oil and natural gas exploration and production company primarily in the United States. GMXR stock has a Beta of 3.16 (Boom!), short interest of 6 days to cover and a market cap of $86 million.
Geron Corp. (NASDAQ:GERN) is a bio-pharmaceutical company developing therapies for cancer. GERN stock has a Beta of 1.67, short interest of 10 days to cover (My wheel house) and a market cap of $225 million. Definite favorite to run before earnings, was on this video last week too at $1.60.
Sino Clean Energy Inc. (NASDAQ:SCEI) operates as a third party commercial producer and distributor of coal-water slurry fuel in the People’s Republic of China. SCEI stock has a Beta of 3.39 (Ya baby!), short interest of 1 day to cover and a market cap of $45 million.
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