1. ZAGG - $209 million market cap with a beta of 1.55 and short interest sitting at 11.19 days to cover. As of the short interest report on 12/15/11, ZAGG has OVER 44.80% short of the float. This for one, is incredible! The stock can only get beaten down for so long until people want/need to cover their short positions. The chart also shows a triple bottom play here off of $6.50 area. ZAGG is currently oversold, and MACD lookin to turn up. Gotta get position before some of these lagging indicators, otherwise you miss the move. I will add at $6.62, or on a break of $7.24 with a stop at $6.50.
November 14 - ZAGG beats on earnings by $0.01
December 21st - ZAGG guides above consensus
Now, ZAGG doesn't report earnings until March 12 (Estimate of $0.17 eps)
2. $HDY - I think we have one more day of possibility of positioning in here. I will bid somewhere around $1.26-$1.30 with a stop at $1.20. I love the idea of getting in on the bid on this one. The 9dma has been good support as it is trickling up. With 28% of the float short, at about 8 days to cover we are lookin at some good potential here. I think that this one may open up green and stay there, and if thats the case I missed this move and I carry on. MACD, RSI turning up on the daily and lookin good.
3. INHX - A break of 11.20 that this thing might want to breakout and carry for about $0.30. I dont have specifics on how to trade this one, but I like the chart and would take it as a day trade or scalp.
...My internet is being a piece of crap so here is just a list of the other charts that look good to me...
ALTH
BONT
UQM
PZZI
HW
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