Thursday, December 28, 2006 1:20:25 PM
For Thursday December 28, 2006
Bringing you 16 years of investment experience and hours of after the close research in one HOTSHEET
NOTES:
• Check in periodically on the Getatip Blog throughout the day, if come across anything interesting I’ll Blog it.
BREAKOUTS
BLUD (Immucor Inc.) Broke out at 30
BOUNCE OFF BOTTOM OR SUPPORT
WEDX (Westaim Corp) Exploded off a double bottom on over 7X normal volume. Minor resistance is 1.88 then 2.25 after that it’s 3.5 – If it trades over average volume (74,000) by noon or before and pushes the resistance levels we could have a blast off. I know I sound like a broken record, but as tax loss selling eases so does the overhead resistance, that is why we are seeing these big pops over the last few days.
TBV (Tiens Biotech) Over 3.60 could send this Chinese nutritional supplement company into orbit. The volume was about 3X normal yesterday. Volume often precedes and gives a heads up on pending breakouts.
RADN (Radyne Corp) Over 10.45
QTWW (Quantum Fuel System Tech) Over 1.80
SPECIAL SITUATION
Visit the past SPECIAL SITUATION BLOG
MDWV (Medwave Inc.) Was mentioned on the “Friday Movers Blog” at 10.55 am at .54 and ran to a high of .80 on the day before settling down and closing at .57 Volume was over 14X normal. I’m not sure what the market for their non invasive vital sign monitor is but its most likely over their market cap which is 7.6 million and as the stock is down from a high of over 10 in April of 2004 I’d say it’s a pretty good candidate for one hell of a bounce as tax loss selling eases.
INSIDER BUYING
I went through the 52 companies that fit the Reuters Insider buying screen and looked at the insider activity, chart pattern and volume over the last few days and these stood out. If anyone has a good search platform for scanning for insider buying please let me know.
GLGC (Gene Logic Inc.) A fair amount of insider buying over the last few months around 1.40
CHID (China Digital Communication Group) The President of the company has been buying shares since .95 back in May to his recent purchase at .22
For other, more complete lists of companies with insider buying see, Reuters complete list Or at SEC Form 4 which has a great layout that is updated daily.
These are not recommendations, rather the starting point for your research. The prices mentioned are simply trigger points that may have a technical significance. We may be buying or selling these positions at any time during the day including before or after the prices mentioned as a trigger point or a possible target. Extrapolations of earnings into price targets are very basic observations and not intended to be buy or sell recommendations. Our views change on a dime. This is intended to be the starting point for your research. We are not responsible for your investment decisions and are not acting in an advisory capacity. We are not giving investment advice rather ideas for you to follow up on with a professional or to research on your own. The information provided is believed to be reliable but we make no guarantee as to its accuracy. It is your responsibility to check all facts and figures for correctness and errors. This sheet is something I put together for my own use and decided to share
Recent WEDXF News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/08/2024 09:52:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 09:07:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/17/2023 12:06:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/21/2023 11:59:13 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/21/2023 11:55:51 PM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM