In Play: SHMR

SHMR is a low float play that has been appearing on my watchlist for quite some time. I have already established a position in it. The chart looks healthy and robust and the stock is already setting itself up to head higher...

SHMR (End of Day close chart)

Although not perfect, the chart pattern is technically strong...

In Play: PENX part 2

I told you guys yesterday that the dip in PENX was a buying opportunity. Today is a good time to buy PENX as well as institutions snatch the stock up at its pivot point....

In Play: JCTCF

Check out JCTCF. I mentioned this one a few sessions ago as an earnings play. I also picked some up a few days ago as well. Today, JCTCF announced record earnings which has helped the stock gain momentum as well as some much needed investor attention. If you choose to play it, be careful and plan your entry with limits, as the bid/ask is being thrown all over the place due to the million share float.

In Play: PENX

Hey guys,

If you've been a little slow and haven't had a chance to initiate a position in PENX, here is your chance. The stock has been lowered for your convenience so that you and the late institutional investors can grab some. Enjoy.

In Play: Before the Bell - PSMT

Hey guys,

Today PSMT announced that its same-store sales have gone up 23.2%. I don't know about you, but I don't know that many retailers with such strong same-store sales (tongue twister). Anyway, PSMT should pop up from the news, therefore it makes a nice quick trade for today. Also, this is a good spot to add to current position or if you want to initiate a position in PSMT.

In Play: AMAC

AMAC is back at it again. I added more to my position today as the stock is showing some strength. Hopefully it continues it beautiful run on Thursday and Friday. I have been bullish on AMAC since Feb. of this year.

In Play: Earnings Play - PSMT

Hey guys,

If you've been following my blog then you that I've like PSMT for quite some time now. Today gave me a reason to like it even more. Today, PSMT announced its earnings and they were quite impressive. What is even more impressive is the fact that PSMT still has tremendous growth in its Latin American market. In addition, PSMT also has a low float which can help it soar even higher.

In Play: AERO, BZC, SBEI

BZC is taking an intra-day dip on very low volume. Usually, it's a good time to add more to your position when this particular stock does this. Also check out two speculative stocks: AERO and SBEI (coming off of a bottom).

In Play

Check out BOOT. BOOT has a very attractive chart and seems to be resisting today's market slump.

In Play: SXCI

SXCI is a good set-up at the moment as the stock is bouncing off the intra-day lows. This is the ideal price level to initiate or add to a pre-existing position.

In Play: ANET, PED, SVT, IRBT, MLP, BZC

Here are several stocks that are burning up the charts and setting up strong setups...

ANET, BZC (previously mentioned), IRBT (previously mentioned), MLP, PED, SVT

In Play: EFUT, MTRX, PSMT

The In Play Candidates....

EFUT- I have played this one before for a great return in a matter of days. The stock has a very low float (less than 100k), so watch out as the sharks keep flipping it. This one is definitely a Momo play. Play at your risk..


MTRX- I have kept this one on the radar for quite a while, but it wasn't until today that I felt compelled enough to recommend it as a play. Now is a good time to establish a long position in MTRX.

PSMT- I have recommended PSMT several times before. Now is another good time to initiate a position or to add to a preexisting position.

Charts

EFUT ( 3 month intra-day)

With an extremely low float (76,000 shares) and tons of shorted shares, EFUT is the perfect short- squeeze candidate.

MTRX (3 month intra-day)

Gotta love the breakout action on this one!

PSMT (3 month intra-day)

Lets see, a 2 million share float, great chart, increasing same store sales and good earnings...what's there not to love?

In Play: BZC (Breeze-Eastern Corp)

Once in a while I find stocks that are not only great trades but also longer-term trade or investment material. When I look for longer-term trades or investments, I search for companies with improving earnings, sales and future growth. I also look for a stock that has a promising chart or chart pattern, accumulation, volume increases. Basically, I look for CANSLIM quality stocks. The stock that I found is BZC. It is not quite yet a top CANSLIM pick but it could be. I like BZC for many reasons. Decent insider ownership, small mutual fund ownership (room for improvement), 6 million share float, and no Yahoo Message board spammers (it doesn't even have a MB). The stock has great earnings growth (70% YOY), strong sales (IBD gave them a B), and the RS is improving. In addition, the chart is also improving. Looking at the chart, this seems to be an ideal buy point for BZC. By buying at this level you can minimize your down-side risk. So what does the company do? BZC is a manufacturer of rescue hoist systems, cargo-lifting equipment and weapons handling systems. Interestingly enough, the company is a leader in helicopter-based hoist and cargo hook technologies as they encompass over 50% of the world market for these products. With our country at war and a demand for the lifting and hoisting products to rescue troops, deliver meds and food products, BZC is a no brainer in the fundamental and investment potential department.

Breeze-Eastern Corp (BZC - AMEX)

In Play: VCC & VSEC

Hey guys,

Here are two stocks that I am recommending as good buys at the moment. I have mentioned both in the past, but due to their current chart action, they look as if they are ready to head higher. VCC has pulled back the last few days but seems to be ready to head higher today. VSEC has also been acting positive as well.

VCC






Watch for the bounce...






































VSEC




VSEC is currently working on the handle of its cup w/ handle base. Out of hundreds of stock charts, I keep coming to this one as it is one of the finest setups that I've seen. VSEC is definitly a high quality stock.

In Play: ARAY

ARAY makes a good trade once again, now that that it's back near its 50 day MA. Buy and hold unless the stock closes below the 50day Ma...

In Play: RUBO

Although I thought that their earnings results were horrible, the chart action is proving me wrong. I've had an eye on RUBO since it was trading around 11. Looking at the chart, RUBO looks set to head higher. Therefore, RUBO makes a good long trade at this level. Also, now is a good time to add more to a pre-exisitng position as well.

In Play: RVBD

Hey guys,

I just added a small long position in RVBD. I will add more to it in the upcoming days if the chart continues to improve and the stock takes out the previous 52 wk high. I first went long RVBD during its opening week when it first IPO'd. I then sold in the low 30's for over a 100% profit a few months later.

In Play: ARAY

Hey guys,

This is a good time to pick up ARAY as a new position or as an add-on to a pre-existing position. I first mentioned ARAY as a buy when it bottomed out in the high 19-21 range.

In Play: LPHI and ATV

Both of these stocks will probably head even higher. ATV is a good buy and LPHI is a good buy on any pullback.

In Play: GEL

Yes, I daytraded this a few sessions ago but judging from todays positive action on a negative day, I say that GEL is looking poised to head higher real soon. It's time to jump back in...