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


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


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


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


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


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