Testing out a new format, lots of interesting earnings and sympathy plays..
7 rewatches, 14 new watches
Prior Day Market: S&P – up 0.1%; NSDQ microcap – up 1%;
Top watches - $UNXL $LGCY $MITK $CBAY
Multi-day watch à
FMSA sand based products for oil and gas hugely
overvalued
Category: Low float spike
Catalyst: Low float, historical spikes
Levels: $4.50 b/o for $5, RL $4.40
BCEI energy play doubled in ten days, fund. weak.
but high spikeability
Category:
Catalyst: “lesser” energy play but high spikeability
(37% short float)
Levels: B/d $3.95. RL $4.05.
CBAY biotech had first red
Category:
Catalyst: prior spikes of three/four days end in selling
Levels: $2.62 (day low), $2.57, target $2.40.
GSL containerships long term downtrend spiked and
finished above high of $2.20
Category: Earnings winner
Catalyst: earnings
Levels: B/o $2.30 targeting 40 cents/share, RL
$2.30
UNXL microstructure film materials with large hist.
spikeability
Category: spikeability
Catalyst: contract wins weekly, low float
Levels: Double top $2.70
LGCY oil and gas play look for consolidation then
weakness.
Category: Long term down spiked up on hype
Catalyst: Always falls on spikes to lower lows, “lesser”
play
Levels: $2.90 b/d to $2.66 and $2 target below
that. RL $3.00
GPL trending up metal play at highs from 2013,
$1.40 to $1.95 in 5 days. Hype, watch for change in momentum.
Category: pump and dump
Catalyst: Hype/manipulation
Levels: $2 b/o to $2.30-$2.50
First day watch à
DHRM huuuge spikeability but choppy LT. Contract
winner doubling in a day.
Category: Earnings/contract
Catalyst: at highs, contract
Levels: Buy above $2. $2.85 b/o. RL $1.89.
CDRB software company huge spikeability, double
bottom bouncing and long term die pattern, will come down eventually but still
some steam left I feel
Category: No news spiker
Catalyst: spikeability, bouncing off double bottom,
room to extend further
Levels: $3.07 b/o for 7-14% at $3.30-$3.50.
BGC gap up above b/o
Category: Earnings/contract
Catalyst: at highs, contract
Levels: Buy above $16.32 (year resistance) for
$18-$20, $14 huge resistance, may also bounce at $15.50
BCOR die and spike pattern on spike b/o with lots
of green candles
Category: Earnings/contract
Catalyst: at highs, contract, low float high short
Levels: $8 key area for $9
MITK break three year highs and first green day on
earnings news, gap up and morning spike, going over highs in afternoon after
bouncing at $7
Category: Earnings/contract
Catalyst: Above 3 year highs, contract, first green
day, up 20%
Levels: $7.50, RL $7.20 (4%)
Other earnings winners and levels: AMD ($3.80, RL
$3.74(2%)) BEAT ($15.86, RL $15.40 (3%)), SONS (Bounce $8.30, $9, RL $8.67
(4%)),
AXAS commodity oil linked broken highs,
overextended? Dying long term but spikeable
Category: Overextended
Catalyst:
Levels: Below
$1.40 for $1.20 (16%) RL $1.50 (7%)
PRGN, SINO, GLBS, ULTR, DRYS all spiking in correlation
with PRGN huge gain of 600% in one day. PRGN could spike again above $2.20. If it does, other plays should spike. Watch
for fall early next week.