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To: Sultan who wrote (813)4/11/2012 4:17:47 PM
From: The Ox  Read Replies (3) | Respond to of 8288
 
All 3 falling knife candidates look interesting here, as long as the totally negative news is understood up front for each.

CHTP may have found buying interest today. It made another low but that was first thing in the morning. There's more to this company than the one drug, however the negative news brought the serious shark/short attack. Can't blame the shorts at all, imo, push it as low as possible then reverse and hold for the long term....

AONE looks like its basing. It's getting played hard, as it gaps and craps almost daily for the past 2 weeks. Would like to see that stop before considering it as a serious long. New report of battery exploding during testing at GM...

AMRS, still in the solid downtrend. Even though it appears attractive to me, beauty is in the eye of the beholder and, in general these days, I much prefer stronger companies than the weaker ones.

With the exception of the long term potential in CHTP, these are bounce, speculative trades only. One strategy would be to buy large oversized positions with tight stops. If timed right, take the short term profit in stock and withdraw the initial funds, especially if trading within a tax deferred account.