Congrats to those who made money on
MEIL which was alerted at 2.50 and hit $3.35 the same day...close to 25% return...and
CRDS alerted at $1.90 and it hit $2.66 the next day...40% return and HRT from 3.95 to 4.79 the same day as predicted in my previous newsletter !!!
Here are my new and some old picks on my watchlist.
KFX - This is my favorite trader
@super_trades pick :) Kofax Capture provides industry-leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications.
KFX just IPO'd
2,000,000 shares of common stock at a price to the public of $5.85 per share and started trading on Nasdaq since 12/05. We don't know how low the float is so there are high chances of stock ripping higher upon a positive PR and once active traders notice it.
I am long.
MATR - Mattersight’s "
big data" analytics are based on millions of proprietary algorithms and the application of unique behavioral models. The company's
SaaS+ delivery model combines analytics in the cloud with deep customer partnerships to drive significant business value...
Why Buy - Big Data is hot and
MATR is getting noticed by big guys. Today Goldman Capital Management revealed upping its stake to 6.3%,
click here for the news. Float is 8M shares and the chart looks good (above its 50, 200 dma and 4ema, RSI at 52 so not overbought.
I am long.
Pivot Points -
Pivot Point 4.63, Res1 4.77, Res2 4.88, Res3 5.02 - Sup1 4.52, Sup2 4.38, Sup3 4.27
My Price Target is $6-$8 - SA Article Mattersight Is Ready To Be The Next Big Data Darling -
Click here
INFU - InfuSystem Holdings, Inc., through its subsidiaries, provides infusion pumps and related services in the United States and Canada
Why Buy -
INFU is trading at 52 week high and poised for a huge breakout. I like their key stats,
click here and the chart looks strong...above 50, 200 dma, and 4 ema with RSI 74. Also couple SA articles has more details. I would suggest reading them.
I am long and might add on a pullback.
Pivot Points -
Pivot Point 2.11, Res1 2.21, Res2 2.27, Res3 2.37- Sup1 2.05, Sup2 1.95, Sup3 1.89
My Price Target is $4-$5 SA article InfuSystem: MBO Off, But Value Remains - Click here
CRDS - 4Q results were out this evening and they are as per expectations.
Click here for results and
here for the CC Transcript. It's all about the future growth. Price Targets remain the same as mentioned in my previous blog.
DLHC - Volume and price breakout. Low float stock..could hit $2+ if the same momo continues. No position. Downside risk 1.35 and Upside Potential is $3.50-$3
DSKX - Nice price action and chart setup...Could hit $3.50 if the same momo continues. Downside risk 1.90 - 2 and Upside Potential is $3.50 - $4.
I am long and might add on a pullback
MEIL - High chances of crossing $3 and consolidating between 3 and 3.50 before the next leg up. The recent acquisition is the key. Another low float crack stock that has potential to surprise !!!
I am long at 2.40 and took some off around 3.25 and other prices...but might if it goes back to initial entry price.
CRMD - News about its first sales of Neutrolin in the EU moved the stock. I got in at .84 and sold majority at .89 and some at .81..on watch
GNVC - Stock ripped higher after the National Institutes of Health's Recombinant DNA Advisory Committee (RAC) unanimously approved the protocol for initiation of a Phase 1 study of CGF166, an adenoviral vector engineered to express the human atonal gene, in patients with severe hearing loss. ON WATCH as volume and price action suggests to take the trade on a pull back...this will be a swing trade.
CNDO - After hours news about its Potential Benefits of TSO Immunotherapy in First 5 Patients ripped the stock higher. I got in at 1.85 or so and 3/4th of my position between 2.04 and 2.25. I might re-enter depending on the trend...this is a stock worth adding to your watchlist..
That's it for now guys...Have a great trading day !!!
A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!