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7 Stock Picks For This Fine Market Manipulation Monday Morning
By: Timothy Sykes   Monday, September 21, 2009 1:03 PM

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Speedus Corp. (SPDE) I took my loss quickly, when it was clear afterhours and premarket that the short sellers would try to knock it down quickly to scare away any and all momentum buyers…yes, it happens, took a $700+ loss and didn't even consider buying or shorting it the rest of the day since I didn't know what the shorts were doing and what was actually real…when there's confusion, I just don't trade it.

Genova Biotherapeutics, Inc (GVBP).

Spongetech Delivery Systems, Inc. (SPNG) got the dreaded "E" added to their ticker so now they're SPNGE, but the stock didn't care, it was up 14% to 10 cents/share on Friday…stock is too low for me to short or go long, just watching this pump & dump unfold

Genta Incorporated (GETA) was my top potential short Friday, but tanked too quickly…shoulda woulda coulda shorted on the bounce of it trying to get back to even, bit its choppy price action scared on a volatile FRiday scared me away…I hate playing penny games unless they can really collapse 50%+, no play here now for me.

Arena Pharmaceuticals, Inc. (ARNA) and Columbia Bancorp (CBBO).

Vonage Holdings Corp. (VG) refuses to crack the $1.40s, I'm trying not to be tempted to buy it on this solid holding of technical support as it'll probly eventually crack below just like OPXA did the other day



(1)
 
9/21/2009 2:24:31 PM
by singh
GETA if u do some DD u'll find out 3 hedge funds bought 24% of o/s last week. Something big coming soon on phase 3 could be next VNDA 1 to $$$$$
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