Since I got my “homework” done early today I’ll be hanging out in MaoXian’s chat room for the next hour or so. Stop by and say hello.
Currently holding:
Long – CME, FORM, INFY, JOYG, MYGN, SIMG, SYNA, URBN
Short – None
Looking for swing trade entries in:
Longs – AMD, CREAF, FBR, JCOM, VSEA
Shorts – MRX, NOVN, OSIP, SCSS
Potential day trades:
(From Briefing.com)
Gapping Down
PLMO -5.3% (Lehman downgrade on Treo concerns), BMET -4% (reports NovQ), RIMM -3% (analysts cut estimates and targets on news that the US Appeals Court has ordered new hearings in the NTP lawsuit), CHRT -8% (guides for Q4), ENZN -5.6% (revises Y05 sales guidance for ABELCET), NT -2.4% (Berstein downgrade after co reports SepQ)… Under $3: GNTA -14% (to sell 15 mln shares), WAVX -9% (profit-taking after 80% move yesterday).
Gapping Up
ELOS +6.6% (raises Q4 and FY05 guidance), LEN +4.3% (beats by $0.10, guides Y05 above consensus), BBY +3.4% (reports NovQ), WSSI +16% (CEO appears on CNBC regarding Firefox browser), WGRD +14% (to support MSFT’s Network Access Protection technologies), ARIA +8.9% (started with a Buy at Suntrust; tgt $12), GEPT +8.9% (announces inaugural sale of next-generation digital video security technology), TBUS +8.7% (announces order), QLTI +6% (FDA approval), RHAT +4.3% (Merrill says SUNW should acquire co like RHAT), VISG +3.7% (gets $1.1 mln Florida contract), SINA +3.5%, MSTR +2.6% (SG Cowen defends after 15% drop yesterday), TWX +2% (NY Times reports co to settle charges with DoJ and SEC), SYMC +1.8% (Kaufman upgrade)… Under $3: STG +31% (secures contract with General Electric Power Systems), BCON +27% (carryover momentum from yesterday’s rally), LOUD +20% (MTV deal), MCEL +16% (approved for Nasdaq SmallCap mkt), ADCT +11% (reports OctQ), NYER +8.1%.
