Scans for 08/19/09 from InvestorsLive

by | Aug 18, 2009

If you’re under $25k in your account… and looking to daytrade CyGroup rep will be here after hours at 4:05PM EST to ask any further questions you may have. As you know we have a dedicated section for it with all the information.. but I know some don’t like to read, so right after the bell in the chat room we’ll have a brief question and answer session where you and throw any questions at him!

Alesco Financial Inc. (AFN) held this one over today I bought a little early at .91 cents a share, I may add and sell even but not really down that much. I bought since it was 1.40s + after market on Monday figured it may make it back through $1s earlier today. Was a great bottom catch as it jumped to .97 quickly but didn’t make it over a buck and I just hung on to it.. after HURN and AXL wasn’t really sweating a couple hundred.

American Axle & Manufacturing Holdings Inc. (AXL) huge alert in chat today both ways. I traded it mostly on the short side since I was busy with HURN in the morning but awesome alert by Laura outta the gate (was also on pre list hence why on our radar) but perfect! Great shorts too!

[Aug 18, 2009 6:31:49 AM PDT] Laura AXL 3.17

[Aug 18, 2009 6:34:30 AM PDT] Muddy AXL rip

[Aug 18, 2009 6:36:10 AM PDT] Muddy AXL more

Also as it found support some were thinking the short – but just because a stock is up does not mean it’s coming back on – reminded every that around $5s and boy did we rip from there

[Aug 18, 2009 8:13:27 AM PDT] InvestorsLive AXL is a good trader.. wouldn’t marry the short.. no reason for it to go down

CEMEX, S.A.B. de C.V. (CX) this is the 3 month chart .. the 6 month shows similar tops at $11.50 range, it closed right at it but finally broke it.. if this holds probably has a bit more in it… $12+ in store – the volume today as well is noteable

Huron Consulting Group Inc. (HURN) I shouted about it last night as the play of the day for today

This should be an AWESOME play tomorrow again possible great squeeze since the huge drop at the beginning on the month. Once it rocks, watch for the flip as well to the short side.

Nanometrics Inc. (NANO) from last nights scan said I was looking for the long if it held green, it sure did and closed near HOD’s. Congrats if you played! May have more push towards $4.50+ tomorrow

Patriot Scientific Corp. (PTSC.OB) play for anyone that listened, I held it overnight as I said in chat as well as mentioned it being an older former runner.

[Aug 17, 2009 12:51:02 PM PDT] InvestorsLive PTSC I am gapping this

This should be easy to .18 + tomorrow.. love the oldies …

[Aug 18, 2009 6:56:19 AM PDT] InvestorsLive PTSC nice 10% so far from gapper

[Aug 18, 2009 7:08:10 AM PDT] InvestorsLive PTSC :)

[Aug 18, 2009 7:08:14 AM PDT] InvestorsLive .17s hit

[Aug 18, 2009 12:47:55 PM PDT] InvestorsLive going to hold PTSC over another night

Rentech, Inc. (RTK) biggg time alert right outta the gate – we saw it early.. great trade I even traded it after hours for the 2.50 break.. should be a good one tomorrow.. more than likely on the short side

[Aug 18, 2009 6:00:55 AM PDT] InvestorsLive RTK rip

ACCO Brands Corporation (ABD) $5 was a bullish breakout look for red to green for the long or green hold. If it doesn’t happen tomorrow or the next day I would anticipate the move shortly so I’d look for dips for the swing towards $6+

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