Hmm, I would have done well if I'd shorted RIMM Friday night like I was considering. Oh well. I'll keep watching it though.
Potential swing trades:
See one of the recent 'Chart Reading' posts for some potential swing candidates.
Potential day trades:
(From Briefing.com)
Gapping Down
LEXR -5.6% (guides lower), RBAK -5.2% (Susquehanna says BLS/AT&T deal is bad for RBAK and TLAB -3.7%; also Morgan Joseph downgrade), PALM -5.1% (downgraded at FTN Midwest and Morgan Keegan), SWW -15% (reviewing irregularities at foreign subsidiary), XIDE -18% (co says it may violate credit facility), INSM -7.2% (stock offering), ARXT -3.5% (mentioned negatively in Barron's), HMY -3.3%, IIJI -2.5%, AU -2.5%, GRP -2.4% (BofA downgrade), T -1.8% (makes bid for BLS; Soleil downgrade), SHW -1.3%.
Gapping Up
RIMM +12.5% (settle Blackberry dispute), BLS +12% (to be acquired by AT&T; up in sympathy: Q +6%, BT +3.8%, S +3.3%), EDMC +14% (to be acquired), IVAN +8.4% (performs successful run at facility), IFLO +8.2% (Mad Money mention), WYNN +7.1% (sells Macau casino rights), VOD +6.8% (in sympathy with BLS; upgrades from Lehman and Citigroup), TOPP +6.8%, GG +6.4% (reports Q4), CBMX +6.3% (launches ElectraSense influenza surveillance system), NANX +6% (announces supply agreement with Roche), GTE +5.8% (extends Friday's 14% move), NVAX +5.6% (announce strategic alliance with Bharat), LGF +5.1% (Crash wins best picture; Madea repeats as No 1 movie this week), IVIL +5% (to be acquired by NBC Universal), SLW +4.7% (reports reserves at mine), NICH +4.6%, PEIX +4.5% (Mad Money mention), GM +2.5% (to sell 17.4% equity stake in Suzuki), CHS +2.3% (Pru upgrade)... Small cap optical stocks continue to run: MRVC +15%, AVNX +13%, FNSR +11.5%, OSCI +10% (reports Q4), AFOP +6%, BWNG +4.5% (files 10-K), CIEN +3.3%, JDSU +2.4%... Under $3: COR +30% (clinical data), IMNY +12%.
Disclaimer & How I use this list
