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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: NW_Trader who wrote (24654)8/1/2001 9:03:01 PM
From: heenalu  Read Replies (2) | Respond to of 59879
 
hi pat, enjoy your posts, here are a couple of stocks i'm looking at as potential shorts :
WFII
due for pullback but at what elevation?
small float of 15.2 M shares
as of 09/july 1.83 M shares short (12%)
2.868670 M shares traded ( today plus previous 3days) cancell out some churn and it looks like the recent rally is mostly due to shortcovering.(pure speculation on my part)
however, the stock clearly broke thru strong resistance @ 7.5 and the next level of resistance is unclear to me. ah, what to do? when to pull the trigger? will have to feel things out IYKWIM.also, earnings due out aug 8 after market.
another stock on my soon to short list is ZICA
will probably enter after 9 is tested. wont bore you w/FA
would appreciate your thoughts and any ideas. TIA
mahalo,heenalu
PS: anyone know where rashid's been hiding? miss the guy :(