Thursday, May 7, 2009

Pennystock list for 7th May

Potentional pennystock shorts for 7th May
APAC - leading provider of customer care service and solutions for market leaders in healthcare, business services, publishing, communications, etc. Strong earnings on Wednesday. Waiting for bearish technical pattern to short.
ARM - growth on strong earnings. Not very good pattern, but will see.
CTIC - today crowd was crazy about this stock. On StockTwits it was the most popular stock. A lot of speculative money are there. Closed at 1.27 after high @1.85. So not much potentional to go down.
DAN - to be honest, I dont know why this stock is growing up :-). Trading now at resistance region @1.95.
DTG - growth from 2 dollars to 5.45. Had earnings on 6th may. Waiting for bearish sidemove to short.
AHD - tuesday growth on earnings expectation, wednesday sidemove. Ready to short? Target - 2.5 region.

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