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Watchlist for 30 December – CBAK, CIIC, IFNY on short watch
Posted by Stock Online Trader on December 30, 2009 in Watchlist
CBAK – Up on rumors that they will win the Google phone contract. Potential short on red. ACHN – Short on break below 3.00 support AHD – Short below 6.00 support. IFNY – First red day. Possible morning panic. Short on red. Stop loss on break above 3.00 CIIC – No real play yet. Possible [...]
Stocks In Action Today – CGEN, AHD, BSPM, DRAM, IFNY
Posted by Stock Online Trader on December 29, 2009 in Short Selling, Stock Review
AHD was a short entry on the break below 6.00. However it dropped too quick from 6.25 to 5.85 and then bounced back. I shorted on the weak bounce at 5.98, but couldn’t get it to break below it all day. I covered half at 6.01 to protect myself from next day spike. Holding other [...]