12.07.2010

Dec 8 - Wed.

Milestone Financial Investments L.L.C.
  1. MW, -9.5%
    • The somewhat mixed data on the downside would have us looking at potential plays on both sides of the issue tomorrow. Shorts may want to watch for any return to the 27.25 to 26.50 area, levels where sell momentum was most aggressive this evening. On the long side, the 25.65 to 26 area may hold out prospects as a potential near-term floor support that could see some lift back into the lower- to mid-26s.
  2. NFLX, -3.4% 
    • A pre-bell open Wednesday may have potential in the 184 to 181 range. Sellers were aggressive tonight at 187, 184 and 183, levels shorts may want to watch as possible near-term ceiling levels that could see further weakness into the lower 180s, or perhaps break to fresh lows toward the 170s.
  3. MIND, +9.5% 
    • This low float stock picked up some nice buying support at  9.6 and steadied higher from there to hit ah's high of 10.24. A pre-bell open may have potential around the 10 level where buyers may want to watch for a base to form, which could send the stock higher.
  4. COO, +3.7% 
    • Stock is very strong as of late and in tonights trade it pushed even higher, on very light volume tonight the stock formed some support at 56 where a open on Wednesday should bring further buyers and send the stock to the top of tonights range at 60.
  5. OREX, +150%
    • One word: Contravene
  6. VVUS, +9%
    • I was told whats good for OREX is good for VVUS.