Scans for 09/14/09 from InvestorsLive

by | Sep 13, 2009

Lots of great shorts last week from the recent run ups but not as many for Monday. RODM and HTCH congrats if you followed the scans from last week calling both of them shorts – and yes, nailed them in chat too.

Emmis Communications Corp. (EMMS) potential mover if .70 breaks with volume – keep an eye on this likes to move

Vermillion, Inc. (VRMLQ.PK) – Yes this one goes first and foremost – unreal alert in chat Friday I can’t believe it – even to twitter by .10 cents …. .14 cents .. .20 cents.. etc etc etc. Congrats anyone who took part, some joined late when I said it wasn’t done at .85 cents after the dip and we squeezed right into close, I am holding this one over for a gapper – we’ll see lots of people weren’t around Friday should be a continuation – but that’ll be enough for me if it gaps hard.

Adeona Pharmaceuticals, Inc. (AEN) is on bounce watch – don’t try to catch a falling knife, I’d rather be late to the party and let the scans do the work for us

Hythiam Inc. (HYTM) same as AEN bounce watch – no guessing… just watch it – wait for volume and wait to see it on our HOD list

Applied Micro Circuits Corp. (AMCC) a big winner for us from scan last week up nearly $2 dollars – based on Friday’s action if the market is sideways or up Monday I would anticipate more 52 week highs and a squeeze through $10 on this.  Otherwise I’m not interested for now.

Mercer International Inc. (MERC) gearing and nearing breakout yet again, last time it worked out pretty well – not sure its ready for a huge spike but the point I’m watching is $3.50 – if it breaks $3.50 watch its previous high just last week and we could be off to the races towards $4 very easily. More in chat – more than likely in play.

Abraxas Petroleum Corp. (AXAS) – Take a look back to May this is what I’m watching if it breaks $1.40 on volume I’m looking for the long – the way things have been going this could spike to $1.75 easily hang out for a few days and next test $2. I would like to see volume pick up a bit though.

Cirrus Logic Inc. (CRUS) broke big resistance around $5.50 watch for a dip and red/green action for a possible breakout thru $6.

Commercial Vehicle Group Inc. (CVGI) – nice breakout Friday looking for (hopefully) a shake out red Monday and I’m looking for the buy on red to green action – volume returned so we may be headed to $6.50-7 this round.

Fremont General Corporation (FMNTQ.PK) – nearing 52 week highs the way VRMLQ went Friday this very well have more attention if it breaks just because it has a Q at the end of it and everyone will be salivating to catch the next Q runner.

Kelyniam Global, Inc. (KLYG.PK) – huge alert from my scan last week, I don’t alert many OTCBB stocks but this one has nearly doubled – congrats if you played. This may gap and start to top off around .80s.

National Coal Corp. (NCOC) – A swing alert I gave both to twitter and chat room, still holding will be taking some off if it test/break $1.00 – great move so far.

Tri-Valley Corp. (TIV) big alert Friday – see alert – watch for $3.50 re-test and potentail short – let it run tho don’t try to guess for a short, watch for fading price action

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