9 Jun

Watch List For Thursday June 9, 2011


COOL is getting very bullish heading into earnings. Might just have to play the momentum here for $.10-$.20 a share now that it’s moving back up. Game time decision so I’ll keep you informed. To think I had 10k shares at $2.65 less than two weeks ago – doh! But seriously, that’s not my game however some held from my original alert so congrats on this one to you.

OXGN has been all over the board recently but it could reload off the MA(200) today. Support would be at $3.98 in that case and with resistance at $4.40 and $5.36 there is something for conservative and risk taking traders. Stop would be the MA(200) which would be very tight to entry for me.

EEE has put some decent news into the market this morning but no buyers just yet. There would be support at the MA(20) and MA(200) if it starts trading up above $1.97 in the premarket which is what I’m looking for. Goal would then $2.15 to $2.40 depending on momentum. Stop would be right at the moving average support.

LCI took off on this news Monday but has come back down to support. The guys at BioRunUp like this trade and so do I. If you’re interested in bio’s, a subscription there is well worth the money IMO. Could be a nice short term hold between now and the June 23rd PDUFA date so I’ll be looking for entry off support. $148m market cap and Monday’s action illustrates how easily this can move in either direction, hopefully up. Goal would be $.50 per share from entry.



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