Watchlist – 7/13/2010 – 6 potential shorts. $$

Disappointing miss on VVUS yesterday. Oh well beauty of the market is everyday there is a fresh batch of opportunities. Actually my entire list ended up being fairly solid, just no trades so whats the point in bragging about it? Another busy day for me, so not sure how high the likelihood of making a trade is, but here come the shitty picks!!

Full list from Yahoo Finance

DEAR

Nothing new to say from yesterday. Just tough to pick a spot to short since the spike is still pretty low volume. Probably worth taking a small position and holding on for the ride. SHORT

DSTI

Wow!! Now this is a niiiice looking short setup!! Technical and really even more so fundamental! If I was smart I’d gobble up whatever shares I could find before they disappear. But odds are you’ll check back in a few days to find me crying about missing this sweet ass setup!! SHORT

IFLG

EVERY spike this year has been a great short. Scary thing is this stock can run like few others I’ve seen. If you go in to heavy it could be a widow maker in minutes! SHORT

SILA

Nice looking chart and a total POS, but under a dollar so I will avoid. Going to be a killer short at some point though. SHORT

VVUS

I’ve talked about this damn stock enough, I’m moving on… Worst part is, not only was it a great short yesterday, it could continue to fade for days and weeks. Tons of potential downside. But I feel I blew the high risk to reward play, just watching and crying now. SHORT

4 thoughts on “Watchlist – 7/13/2010 – 6 potential shorts. $$”

  1. Hmm, maybe just a weeee little bit! 🙂 I will still defend the short thesis for yesterday though, we all knew news was coming and I would HOPE I would not have held it over night due to that reason.

  2. Hmm nice one VVUS 🙂 You started it so you know I have to rub it back in Reaper/Michael!!! 🙂

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