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Finally We Have Some Short Selling Setups: 6 Stocks I Watch
By: Timothy Sykes   Wednesday, September 17, 2008 11:34 AM

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Finally some decent short sell setups, whew, I hate not trading…but don’t force it, lots of short sellers chomping at the bits to short something, ideally, these guys enter the following plays too early and they squeezed from some big potential market bottom.

Watch these closely:

EPIQ had its first big up day, last night’s AIG bailout means the market opens up big, giving it better chance at having a big second up day, meaning it might become shortable.

KAZ has a typically downtrending chart and it’s the first up day…want to bottom, good, let it run, again, I wanna short on the 2nd or 3rd big up day, not the first. Watching it…

ADY has a horrible downtrending stock chart, but passed some stupid regulations. Can you guess what I’m gonna say….watching it, wanna short on the 2nd or 3rd big up day.

COIN is downtrending perfectly, redeemed its warrants afterhours, gonna drop more, can’t find any shares to short…can you?

VLNC is a perfect head and shoulders chart pattern, very bearish, rebounding now, same thing, I’m watching it…yes, I love having setups for once!

IMMR is the same story, same ugly chart, God bless these wannabe bottomers. 


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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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