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14 Stocks To Watch On This Obvious Bounce Day
By: Timothy Sykes   Monday, October 13, 2008 2:19 PM

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Here’s a list of potential shorts, but with future 5%+, I’m not really even gonna think about shorting of any of them today….remember 3 out of 4 stocks follow the market, so if I’m going to try to play the bounce—which is tough considering we’re gonna have a strong opening, aka you should’ve listened to LiveStock on Friday (wish I’d gone from 1-4PM instead of just 1-3PM as that late day rally coulda woulda been fun, oh well) where I said time and again, don’t be short over the weekend, don’t be short over the weekend, everyone’s gonna do everything in their power to try to get us to bounce—I’m looking for bounces in strong companies like ISRG, BRKA, AAPL & WYNN.

Of course, the market trying to go up more than 5% in he morning a fool’s bet—just a tough setup to try to play if you didn’t have your positions in Friday afternoon–so if I buy anything it’ll probly be in the afternoon.

Anyway potential shorts-probly more likely on Tuesday or Wednesday:

MCGC 65 cents to $1.25 so far

WCBO $7 to $11 so far

NEWS $5 to $6.5 so far

ARQL $1.75 to $3—really crappy biotech with horrible chart, my ideal kind of play, I hope the pumpers promise a cure for AIDS into this up 6% market, $5, $6 would be a great short entry hehehe

CITP $5 to $8 so far.

MOVE $1.6 to $2.2 so far

PNX $4 to $6.5 so far

NCT $2.5 to $5 so far

VRS $1.3 to $2 so far

FBC $1.5 to $2.5 so far


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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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