Scans for 11/16/09 from InvestorsLive

by | Nov 15, 2009

Hoping the plays keep rolling in like last week – we had some killer success and ready for more. At this point there are so many plays out there that you just need to chill out and focus on a few, don’t worry you’re not going to catch them all and neither am I… focus on what you know and you’ll make the gains

Nanometrics Inc. (NANO) has been a nice one for us, this one has two potential plays in it for me. The first is the long (which I more than likely will NOT do… yet) it’s likely to have a morning gap and potential morning rush towards $12. The second, if it fails I’d look to short, if it breaks $12 I’d look for a spike to short into and/or the fade back towards $12 – downside here .65-1.00 after it rest $12 range – How I will probably play it? … the short off the pop, then I’ll monitor it for a few days I’m expecting consolidation between $10.75-11.00 and I’ll watch for the re-test/break back through $11 and surge to the upside later this week IF momentum continues, otherwise take a look back early September how it usually plays out after big upside – we actually play that short then in chat if you remember

Netlist Inc. (NLST) I’m short biased… I’m not going to long it..  UNLESS hangs around the $4.50 level and re-test red/green off a solid intraday chart or looks to surge out of open for a scalp, nothing large just a quick trade.. otherwise forgetttaaa bout it. If there are borrows, which I know many are looking for I’d only play after a surge towards $5 and the fades kick in. This has a gap to fill towards $6 if you look back to around April 2007.. No one thought it’d do this…  so anything is possible. Short on red and/or if it opens red and test green and fails.. ALSO keep this on radar Weds/Thurs for the charts we discuss in seminar… remember OPTT example? Some of our best trades come from those set ups

TREND TECHNOLOGY (TRET.OB) for those swinging with me.. past 2 days anyway since it jumped back on track please be aware ticker changes to AENY tomorrow (name change). Had been holding it for that $2 break mentioned few days back , now we’re on a potential 52 week breakout – keep an eye for $2.25 test short term – if it breaks more than .02 red.. not really interested in holding it

Clear-Lite Holdings, Inc. (CLRH.OB) yup… remember the last piggy bank? So very familiar, you SHOULD NOT BE IN IT.. if you don’t have your eye on it because when it does come down.. it will come down hard. No sign of weakness yet, slow steady grind towards $2 this week that’s why I had been long – I didn’t like it at first since lower volume but all week we’ve been long and had a gap open followed by a few pennies during the day, loving it….. Everyone looks for shorts to short it can’t find any, its a POS this POS that.. one day those people will learn how to ride the momo rather than try to fight it.. yes the short day will come, I’ll be out I probably won’t have shares to short it and even if I did probably wouldn’t… and I’ll play the bounce just like I did NXTH $1.27-1.41 to $1.9399-$2.20+

Vega Promotional Systems, Inc. (VGPR.PK) bought 200k at .02 on twitter alert from PSC sold 1/2 quickly for $350 or so profit, it shook back down a bit once it looked to be back in business added 50k shares back have 150k over this weekend anticipating potential pumpage – have an unrealized padding of about $700ish

Fresh Harvest Products, Inc. (FRHV.OB) holding a bunch, could go either way but based on market maker activity and how I’ve been trading it I’m sticking with it.. have a .025-.026 average on this batch with a nice cushion. I sold out of Friday’s at .03902 average from .027-.03 the day before (also .04+ the trading day as well I had sold 1/4) then played the first dip under .03 sold back over .03, then again dipped down hard bought that dip large and still holding it, sold 1/5th at .032 on the bounce

NANOLOGIX INC (NNLX.PK) slow sneaker, this is .01 off 52 week high, not really sure what I expect from this chart except that it’s nice. if it breaks .51 this could do one of two things 1) spike towards .60 on larger volume and turn into an awesome trader over the next week, or 2) continue its slow grind north
Those are the 2 scenarios I have to watch it tomorrow to get a feel for it – but looks like it’s semi controlled (potential fund backing) and bullish

Verify Smart Corp. (VSMR.OB) .88 average on these, looking for $1 + test, we played this one before last time it spiked on the last day of October – playing it again so far so good – my average is higher because I sold some .93-.94 Friday and rebought them at .88

Adeona Pharmaceuticals, Inc. (AEN) just on watch, these penny poppers have been hot as Muddy has been mentioning in after hours chat

Metalline Mining Co. (MMG) on watch, no play yet looking for 500k-1m + volume day here and a .70 break

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