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Eight Stocks which could be Setting Up

 September 08, 2008 11:47 AM
 

FNM/FRE is gonna be the big story today, stocks will both drop 80%+…overall market will be up big, or at least open up big, big risky government bet, if it fails, get ready for depression…then, even penny stock

promoters are miserable, so I'm rooting for the plan to succeed

TGIC is one such troubled financial play, already up to $3.5 from $1.5…no real resistance til $5ish…short, maybe good for 50 cents/share…if you're lucky, not my kind of play, I prefer pump and dumps, always remember that.

DSL is up $2 to $3, same financial issues, no thanks

COIN rebounded off its drop, perfectly natural, especially for a bouncy stock this one, I hope it squeezes the living daylights out of the remaining shorts, c'mon fluffy press release, you can do it Blackman! I doubt I'll re-short anytime soon considering how much trouble it was the first time around (detailed post coming later today)

PCYC has a chart that's gone vertical, combo effect of ANALyst upgrade and forward looking annual report, now is a positive breakout off some solid sideways action aka a breakout, still in a nasty longterm downtrend, not up enough…yet to really get me excited about shorting, but it's definitely high up on my watchlist of potential shorts, love these NASDAQ plays as opposed to OTCBBs

CHFI is my #1 potential short this week, up on a lot of fluffy PRs/filings/fast growing earnings, now nearing a $300mil marketcap, gotta love/respect these scumbags, something is fishy, as ual…watch it, but respect this price surge

SIRF was rumored to be a good takeover candidate up in the $7s, lots of ANALysts thought so, now it's one of the most perfect downtrenders of the past few months, first up day now on patent infringement settlement rumors, I hate playing news rumors, too unpredictable, just watching it for now.

STSI just keeps squeezing shorts, god bless em, let's see how far it can go, don't even think about shorting this strong a pattern


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