Penny Stocks to Watch, and Some Large Caps
Here are some stocks to watch for Thursdays session. These names range from large caps to penny stocks. Add the symbols to your list of symbols for tomorrow.
Apple Computer (AAPL:NASDAQ) Beat estimates, and up in the aftermarket and could lead the NASDAQ either higher or lower on Thursday. AAPL will certainly be newsy tomorrow. So watch the talking heads. Their comments could lead to some quality scalps. Also, look for sympathy trades in Apple related stocks.
Sagent Pharamceuitcals (SGNT:NASDAQ) This one came out of nowhere. Sagent is a pharma IPO that many thought would open flat. Instead the stock was up over 4 points at its high. Who says the IPO market is getting weak ?
Compass Diversified Holdings (CODI:NASDAQ) Came up on the insider buying radar today. This is usually a good sign. Plus, the stock is almost in the middle of its trading range.
Chipolte Mexican Grill (CMG:NYSE) This rocket ship was down big on earnings in afer hours trading. Remember, these volatile, sub 10 billion dollar market cap stocks are traded heavily by hedge funds. This increases volatility and is not for the feint of heart. Probably best to sit on the sidelines with this one. Regardless if you are leaning long or short.
Yahoo (YHOO:NASDAQ) This stock seems like cement and never seems to move in either direction. The story is great and the fundamentals seems solid. Still probably best to wait for a move, unless you are the buy and hold type.
Allied Security Innovations (ADSV.PK) Once again, I am highlighting the most active IHUB message board. This name could be active with sub penny stock players in the AM. Especially the penny stock scalpers.
Sprint Nextel (S:NYSE) Just can’t seem to break the 5 dollar level with any conviction. Great story, but something seems to be missing. However this low priced NYSE name does have somewhat of a cult following.
Intel (INTC:NASDAQ) Up big today after earnings. Is this finally turnaround time of stodgy old Intel. Seems to have eyes for $22. Remember this name used to be a great trading stock. But are those days gone forever ?
Lithium Exploration (LEXG:OB) This stock has been a juggernaut recently. The penny stock set a new high today after a PR. However, the short term chart is looking a little parabolic.
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