$DCTH - No biased yet on this one. It seems a bit too parabolic - possibly unable to sustain movement, but I have plotted resistance points on the chart that I feel are appropriate. I would anticipate that if this takes a hit, its going to drop back down to support at the 50dma area.
$RAM - I've been over $RAM before and got my fair share of getting rammed in the face. I went back and reviewed some training on shorting...and what the heck was I thinking trying to short after the first big up day with such "positive" news. Rookie mistake...but lets be honest. A move like that, with the stock NOT being fully bought out like my other pick $WINN a couple weeks ago... It's gotta come back down a little. Historically it's what it does. Its all about timing, and I have been wrong on my timing on this one. I'm back and ready to take action. Volume is fading, and if the $2.93 resistance from Wednesdays session holds true, then we are on our way to shorting this thing and making some nice money. Like I said, I've been duped by this one before, so I'm taking extra caution and will have stops at the HOD for sure.
$BIOF and $PEIX - Gained some major momentum today and missed the move. I'm unsure what will carry this higher...possibly the attention from momo traders? Regardless, PEIX will be due for a pullback, and BIOF is a sympathy play of PEIX, so it follows big brother. I did a post on BIOF, and my opinion on BIOF is mixed. I'm still concerned about Cargill and his holdings within the company and what that means for the company's future resources. Read my previous post HERE
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