Hello Pennystockers!
A few very nice penny stocks to are setting up to potentially short today. No potential buys
DPTR has been overbought penny stock for a while now on no news that I can see. Yesterday was its first down day after 4 big candle up days so methinks there is more to go on the downside than the lousy -3% we saw yesterday. Lets talk about its intraday action the past 2 days… it looks like 3.75 is the all important price point here. If it takes this out today there’s a good chance it could tumble from there. By looking at the 6 month price action chart, I’m thinking that if we close below 3.90 support this is could be a good bet to hold overnight for continuation of a a negative run.
DFR holy 300%+ run up in 3 days on news that they’re getting funded $75 million by Pegasus Capital. This is great news, but the penny stock is just getting tooo over-extended off of it. Definitely a potential short if it can make a green-to-red move, or bust through 3.58 support. If this thing tanks right from the gate from early morning panic be mindful of a short squeeze, as shorting at this time would be very risky. Definitely my favorite for tomorrow!
SBKC keep this penny stock on watch for a potentially good short. 100%+ run the past couple of days on ZERO news. I think if it goes red right at the open then it’d be a good short then because of the risk/reward this penny stock play has. Only risking a few cents to 1.35, compared to a reward of 1.12.
ADVNB very very nice 100%+ run in 3 days for this penny stock. No news on the wires reguarding them since February so I have no clue why the big run-up. Must be a typical pumped penny stock..any of you getting emails, or faxes? Watch for a potential short today, should stall around the 2.00 range…if it doesn’t stall before then.
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