Watchlist for September 9, 2005

Potential swing trades:

Longs - None

Shorts - None

Potential day trades:


(From Briefing.com)

Gapping Down

CAFE -28% (being delisted), MATK -9.3% (disappointing guidance), QTWW -6.6% (disappointing revs), VMSI -6.5% (product delay), YELL -5.8% (guidance), BIIB -1% (multiple downgrades following restructuring news; ELN falls 3% in sympathy), RMBS -1.5% (profit-taking following yesterday's rumor-driven rally), PPX -0.8% (prices offering).

Gapping Up

PSRC +77% (being acquired), GCOM +17% (earnings), BVF +15% (surprise FDA approval), OMCL +15% (upgrade to Strong Buy), BLDP +14% (supply agreement), PTIE +10% (positive trial results), NKTR +9.7% (FDA ruling on Inhaled Insulin), GEPT +9.2% (contract award), SIGM +4.9% (MSFT news), SGR +3.4% (Army Corps of Engineers contract, CNBC appearance), SEPR +2.3% (upgrade), TXN +1.5% (mid-qtr update), DELL +0.8% (Amtech upgrade).


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Quoted

"If you really think the stock is going to make a big move - and that should be the only reason you are buying the stock to begin with - then there is no reason to haggle over an eighth of a point. Just buy the stock. The same thing applies to the downside; if you think the stock is going to drop, just sell it." ~ David Ryan
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This page contains a single entry by Michael published on September 9, 2005 9:26 AM.

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