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12 Stocks Whose Setups Are Just Getting Started
By: Timothy Sykes   Thursday, July 17, 2008 12:31 PM
Sectors: Computer and Technology , Construction , Oils/Energy , Medical , Retail/Wholesale
Symbols: BXC, CRIS, ESC, RAD, ZIXI
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No positions, jut watching, lots of decent setups forming, just gotta be patient, then aim small, miss small…the same thing we do every day Pinky:

ZYXI is continuing its run on a good sales report form July 3rd…let it run, reserve shares every day just in case it begins to fade as it’ll be a good quick fader…eventually

MNLU is a continuation breakout, already some nice testimonials and methinks short sellers are screwed this morning…probly too illiquid to enter now though, can’t wait for it to go up too much so I can short it!

LBAS is also illiquid, but it’s about to breakout for the 4483rd time, where it stops nobody knows, MXFD went into the $20s

CRIS kept the breakout alive, but its $-gain made people watching it feel like they were dead. No thanks, next!

IDAE dropped a bit…as I was warning for 2 days…I’ll have a detailed post on this one and MNLU later

ETLO just keeps going on pathetic volume…it will crash one day, give it time

UBHI now has confirmed vertical price action, it will end, but these things can go on for a little while, it’s a waiting game

RAD now has financing, is trying to bottom, no resistance until $2 it’s only then I might consider a short

GGR is up like 80% off its lows, but the rise is gradual, perhaps will soon be a good short for those with patience

ZIXI is far and away one of the worst Nasdaq companies around, it should always be viewed as a potential short on spikes, but, they did get a law passed, maybe it can squeeze some long term shorts

BXC is an earnings play, avoid shorting, let Mike and his hyenas buy it up

ESC is another poorly managed company, unfortunately not up enough off its lows to really interest me…yet


 

 
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