Scans for 09/23/09 from InvestorsLive

by | Sep 22, 2009

Ambac Financial Group, Inc. (ABK) awesome move today if the market stays hot and all these old “big” companies keep rocking like Lehman Brothers Holdings Inc. (LEHMQ.PK) American International Group, Inc. (AIG) Freddie Mac (FRE) and Fannie Mae (FNM) this one may have some catching up to do towards the $2.50-$3 range… for now not interested unless it holds green and starts breaking towards the upside next stop $2

Visteon Corp. (VSTN.PK) I am holding this one over called it in chat that I was gapping it, looking for .22-.25 gap if it continues great if not I’ll lock in a solid gain

Trend Technology (TRET.OB) another one I scanned last Friday and put out there, been holding for 3 days, only riding small but can’t complain, until there is competition on the sell side I’ll ride it out so far so good – always love the new IPOs

Emergent Health Corp (EMGE.PK) another one, this morning I didn’t want to buy it but closed strong so I gapped it as I said in chat. They had news (of course) after the bell.. to be expected as they always do on the capitalreport/bestdamnpennystock pumps – will probably take gains early although they’ve been on quite the run so will give it a chance.. if it gaps big I’m taking profits if it looks to go red I’m locking it in..

Alesco Financial Inc. (AFN) big chat alert – I tweeted that call from .90s – many many trades from .90 to $1+ today will be looking for quite a bit more this week – its been fun so far, I don’t think this one is done yet in fact I’m looking for a bit of consolidation and for it to heat up again, you cannot ignore the volume from today

National Coal Corp. (NCOC) held this one over, very strong close – awesome alert in chat again its getting better and better – looking for $1.50 gap potentially to the 1.60s range and brief rush out of the open

VeriChip Corporation (CHIP) another nice long outta the open today from scan last night, was short biased but I said if it stays green its going to test $3 back towards highs.. guess what it did, and yes again Muddy all over the buy side outta the open – Tomorrow hopefully a gap open followed by a sell off

Guaranty Financial Group Inc. (GFGF.PK) for some reason I really like this one, its been sideways for nearly a month I have an .113 average on this. I am thinking of adding tomorrow if it holds but I’m expecting a gap through .13 based on how it was trading today. Even if this got a re pump and got 1/4th the attention we’d be at .20 .. that’s what I’mt thinking – I’m sitting on a bunch and have been mentioning it for about a week now

Grubb & Ellis Company (GBE) did EXACTLY as anticipated from my scan

Grubb & Ellis Company (GBE) played this one big at the end of day Friday from the .967 range, 15k shares traded over a buck for about 30 minutes or so but failed to take out a new high so I locked it in for the weekend but will be monitoring it tomorrow and all week. I’ll be watching the dips under a buck because the next time this test $1 more than likely it rocks through prior highs

This is a text book example of another way it which I look for swing trades, and worked out perfectly – again chat was on it, we got the gain – no plans on this one yet for tomorrow but just a pattern you should get used to .. you’ll see it again and again

MedaSorb Technologies Corporation (MSBT.OB) mentioned way early in chat that if it held .12 I was looking to gap, it has a gapping history.. even gapped today.. I am overnight this stock just looking for continuation, if it doesn’t rock out of open I’ll lock in the gains

PAETEC Holding Corp. (PAET) 52s is $3.55 I like 3.50 break, volume is there we are near a breakout to $4 bucks

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