Friday, November 18, 2011

Watchlist for 11/18/2011

NTAP - $36 is an area of interest as it had some trouble breaking back over this area after it fell a bit yesterday. Also has some support at $33. Will watch these areas today.


MOS - Spiked big yesterday in pre market after they announced 21.3 million share buyback at $54.58/share ($1.2 billion value). Fell sharply right out of the gate. Will watch to long any big dips today. Maybe some $50 under/over moves...


ABD - I believe this one spiked to do merger news. $8.90 high of day yesterday and some resistance at $8.89 area. $9 will be an area of interest for me. Possible over/under short.


RMBS - Dropped over 60% after losing it's case to MU (Micron Technology). Had a decent run yesterday and showing some resistance at $9.50 today in pre market. Will watch this level for any strength and possible long entry.


FMCN - Up 15% in pre market after beating earnings estimates after the bell yesterday. $30 over/under is on watch.


NG - Looking to short pops into the $11 area.


MCP - Has support at $30 area. Will watch for any bounce.

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