Watchlist for February 17, 2005

I’m not looking to do much today since I already have several open positions and I expect options expiration games (pinning to strike prices) to be in full swing.

Currently holding:

Long – AEOS, BSTE, ERTS, MERQ, PARL

Short – UVN

Looking for swing trade entries in:

Longs – IFIN, MATK, RBK

Shorts – ASKJ, NEW, NFI, PCLN, SLM, SNIC

Potential day trades:

(From Briefing.com)

Gapping Down

Gapping down on disappointing earnings/guidance: ANSI -10% (also announces subpoena), ECST -9.5%, BLDP -6.8% (also down in sympathy: FCEL -4.9%), RSH -4.5%, ESPD -3.1%.

Gapping Up

Gapping up on strong earnings/guidance: EELN +15%, BWNG +11.4%, GNTA +18%, STMP +7.4%, BRCD +4.3%, PNRA +2.8%, GPRO +2.5% (also JP Morgan upgrade), HPQ +2.1%, DGIT +14%…. Other News: SEPR +10.5% (Bloomberg reports SEPR has hired advisor; possible sale), CNLG +15% (announces orders), DNDN +10% (positive clinical data), CTIC +5.1% (expects clinical trial results sooner than expected), IDNX +3.5% (positive Lehman note), BIIB +2.2% and ELN +2.6% (up on same positive clinical data), TASR +2.4% (co says Georgia legislative subcommitee recommends not banning stun guns), GLOW +8.8% (co and Sony join to deliver a customized Sony IP-Video communication
solution)… Stem cell stocks are strong on Wash Post article: ASTM +8.7%, STEM +5.7%, VIAC +2%, GERN +1.7%.

Disclaimer & How I use this list