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Seventeen Stocks To Watch, Eleven Of Which I’m Totally Ignoring
By: Timothy Sykes   Friday, July 18, 2008 1:25 PM

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ZYXI is vertical price action, but remember its got “solid” fundamental business news…reserve shares every day to short this piggie when its time for it to roast…mmmmm

UBHI is now totally vertical, buyers have balls, but not big ones as last vertical up wave barely retraced at all…it is getting steeper though so a big fall could be forthcoming, reserve shares every day to be prepared

MNLU had big volume, but barely moved—means big selling, many short sellers…definitely reserve shares to short, this one could really tank after any minor dip, support at $6, but its weak, really could drop all the way to $5

IDAE is trying to hold its gain, who cares if it does or doesn’t..I’ll only buy on a true breakout and even then, I’m hesitant since the “up a little every day” pattern they worked so hard to build is now dead, eaning the price action could be messy 

ETLO might be illiquid, but when a stock can drop $4/share in a day, you gotta find shares to short…apparently some brokers had shares, anybody win?

HOKU is an earnings play, bye bye, me ignore those

MITI
STSA
CNB
BKUNA
TONE
HBAN
DSL
TSFG
BPOP
HOKU
MBWM

All those 11 tickers above are financials, read my lips, I won’t play ‘em—sure there’s money to be made, but that’s not my game as their moves are news, not manipulation-based. Just like Buffett ignoring tech stocks during the tech boom, you gotta know what you understand and ignore the stuff you don’t. Trust me, it’s not a rule I enjoy enforcing, but I’ve been burned too many times by commodity, financial and real companies, just have learned to stick with my pump and dumps…you want advice on these financials, go visit Mike’s chatroom…he’s supposedly up $25k in the last day or so…methinks they’ll squeeze some more shorts, then maybe make rollover test lows and either break or double bottom, but I dunno and I don’t care—


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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