Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Contact us: support@philstockworld.com
© Copyright - PSW, LLC.
2024
November 8th, 2010 at 1:58 pm
Oxen Alert – $5 List, Entering DRYS
AVNR – The company has broken $5 on some positive news that the company’s medicine Nuedexta was approved on Friday. This one popped all the way to 5.10, but it is falling now. This one may be a very nice place to position yourself for some gains throughout this week as the bears take their positions off the table and institutions take a closer look.
CSUN – This one is approaching $5. It is my Play of the Week, and it should hit the $5 mark this week, which could send it even higher! I would try to get in below 4.84.
DRYS – The stock is closing in on $5 before their earnings announcement on Wednesday. I actually think I will pick up shares of this stock. They are in a huge bull run, and it has lots of potential moving into earnings. I am involved at 4.84 with DRYS. This has earnings buzz and $5 movement in its favor. It is overvalued, but these cheap stocks tend to ignore typical technicals.
GFIG – This one has dipped back below 4.85. This is always a nice entry below 4.85 as it tends to trade from 4.75 – 5.10.
NPD – I recommended this one at the end of last week as a great buy as it was back below $5. This one now is up at 5.19. On a dip, get into this one…investors love China!
Good Investing!