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7 Stocks To Watch
By: Timothy Sykes   Tuesday, November 11, 2008 2:13 PM

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SPC reports earnings today after the market close and it jumped 85% yesterday, from 60 cents to $1ish in the last hour of market action based on lots of rumors…we’ll see if any play out, very risky to short ahead of the call.

IIJIi is the one and same crappy company that I’ve made hundreds of thousands of shorting, as detailed in my book ‘An American Hedge Fund’, up from $2 to the mid $3s the past few days means it a potential short

RUTH was my really only potential short yesterday and it dropped 20%…I couldn’t find shares to short, could any of you? Yeah you could you sly bastards, congrats to those who profited, check out some testimonials from TIMalert subscribers:

Thanks for RUTH TIM, $632 profits for me after commissions!
-JP

$187 in fast RUTH cash…thanks tim…I love this game!
-richie p.

$1,031 day for me thanks to baby RUTH, awesome find
-Morgan

STEM is a potential breakout buy, yup, still lots of overhead resistance form years past, but Obama potentially opening the funding for this sector has multi-day/week/month impact…broke out past its old highs for last week means this run might have further to go, $2.50 is true breakout point, be very careful, lots of manipulative traders involved int his one

ASTM is the same as STEM, just 1/3 the stock price…breakout is 75 cents/share

GERN I the same as ASTM and STEM, just with more overhead resistance, at $4.50, still hasn’t broken out of ridiculous resistance at $5…interesting hedge fund strategy would be to buy the strongest STEM and short the weakest, this one…nahhh hedge funds suck, I’d never implement that

NCEN has gone from 60 cents to $1.25, even with a fakeout breakout, yesterday was its first down day…I couldn’t find any shares to short, but methinks its heading lower.


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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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