Sunday, April 13, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: ASIA, CVM, DYAX, IDRA, PPO, SGN, SIM, SNT, SUTR

New Short Sale Candidates: ANF

Add To:

Time To Sell:

Note: Many of the stocks that I've posted have already been mentioned before. If you are already long or short these positions, now is a good time to add more to that position. For instance, ANF was previously mentioned as a short sale candidate on March 6, 2008. If you were already short from that point, now is a good time to add to your short position in ANF. The same goes for long positions. By adding to your best performing stocks, you are maximizing your profit potential.

2 comments:

  1. Hi Nick,

    I was just at your blog a minute ago when I saw you commented on my blog!

    I like your PPO Buy Candidate. It looks like a good place to add for those who are already in it.

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  2. Hey Kevin,

    Thats pretty funny!

    I believe PPO is also good as an initial buy at this point as well. Sure, its at a good add on point, but in my opinion its also at a proper buy point as well. Not that extended on its chart. Of course, all of this depends on how the market acts in the near term future...

    ReplyDelete