Friday, March 09, 2007

Friday Stocks to Watch

The market is down after several days of low volume advances. It is still in the process of stabilizing. I would still look for follow-thru days to come before placing more heavy bets on the long side. In the meantime, keep a watch list on the side and conserve your cash when the time comes.

Advancers:
(JSDA) - good earning with Walmart distributing its sodas. It is up almost 100% within 52-weeks. I would wait for a pullback on this one perhaps around $15.
(LJPC) - speculative stock with continuation from yesterday's massive volume gain
(TSL) - solar play from China
(FSLR) - another solar play

Decliners:
(ICE) - down on massive volumes on the past few sessions, I believe more downside is yet to come.
(PSPT) - terrible earning.
(GMKT) - too much expectation built into this one.
(CLAY) - down on no news, something baking on this one?
(NGPS) - another bad earning stock

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