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Nine Stocks, Mostly Earnings Movers
By: Timothy Sykes   Monday, August 11, 2008 10:36 AM

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NOBL is one I’ve been trading and writing about...$4.80-$4.90 is support, if it cracks that, it could tank 50 cents or so, so far it’s been holding on…I doubt I’ll short this as it is an earnings play so no matter what happens, it really shouldn’t collapse quickly like pump and dumps do

EVSO is a spmmaer goin higher, wasting an awful lo of volume though and still hasn’t broken out…hopefully these spammers are the real deal and can push this thing waaay up, I’ll probly wait til a confirmed breakout above $3 to buy

PRS is a financial play going up gradually, two strikes against it, I’m not interested in shorting

VUOC has been spiking from 50 cents/share to $1—they’ve supposedly developed energy efficient lighting solutions…those of you who’ve read my book An American Hedge Fund know there’ve been a few companies promising this–CAFÉ (now ENLU), and they’ve turned out to be total scams….color me skeptical on this one too, especially since it’s a scummy name changer…the least they can do is hire a real stock promoter to get the stock price up enough to be a worthwhile short. If I may be so bold, may I suggest Jim Blackman of PR Financial Marketing, LLC—he pumped CAFÉ’s stock with a fictitious contract with Walmart and then he got that other pump and dump COIN up from $2 to $16 (although that’s now back to its pre-pump prices)…this guy is an awesome pumper, almost as good as Dennis Gartman.

ILE finally cracked

CYD is an earnings play, not shortable for me….yet

OME had a nice earnings spike at the open Friday, but faded…chart is still a breakout, conflicting signals, be careful if you decide to buy

QLTY is yet another earnings spiker, ugly longterm chart means I hope it keeps surging, making itself a possible short (I only short earnings spikers if the moves get really ridiculous)

POWR was not only an earnings play, but it’s a gradual intraday gainer—meaning the more people who read their earnings PR, the more they liked it and bought it….dangerous to short, no matter the ugly longterm chart

 

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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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