BBX watch for the test/fail of $5 and I’m short bias – keep an eye for the test and push over it don’t guess by jumping short too early this very well can continue and spike a buck wait for it to settle out of open and begin its fade – if this opens high (gaps up) this is one like TEN where I’d take the risk on the short to catch the morning sellers and cover
TEN great short the past two days out of open as mentioned on scan, shorted in the morning gap as stated in chat and again on the $7 break covering near $6.25 and 6.31. Great move again it has a gap to fill just below $6 which it didn’t hit
FITB looking at the 1 min chart – $8.25 nice support all day Friday – that will be my area of interest if it breaks down and accelrated downward move under $8
HBAN $5 area of interest similar to FITB both bank’s
AXL saw some thinking short short short just because its up, no! 160% on the day a lotta people not expecting that it’d be up that much and are on the wrong side. Let it keep going until it starts to slow and volume slows otherwise you’re not better off than the other shorts, I’d like to see this have a second day in it and watch for the fade then
COF turning into a great intraday trade. If you’re wrong you have to be wrong I jumped the gun a bit on Friday taking .15/share stop before grabbing .80-1.00 after I let it test the whole #’s ($30) and then I held 300 short from $31.65 avg overnight
BAGL I’m short biased on this if it opens above $10 and test it – also short baised on green/red
LBAS – OTCBBs are starting up again keep an eye on it.. I see it sneaking up at .75 with volume this time – this used to be a favorite
[Sun May 10 19:50:00 PDT 2009] InvestorsLive LBAS used to be huge been watching that I have a feeling goes again
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