April 16, 2008

Market Comments Submitted by Nick at Ambitions as a Stock Trader

By admin

Rating 3.00 out of 5

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Submitted by My Ambitions as a Trader and Investor

Stock Picks and Trade Ideas for Wednesday

New Buy Candidates: KRO, LRT, MPET, MRB, NOG, PPO (previously mentioned)

New Short Sale Candidates: CMED, DECK, MTW, MXB, SMA, STT

Add To: CMED (short), DECK (short), GTE, HDSN, IDRA, NOG, SMA (short), SNT

Cover: RBCN (partial)

Note: CMED is a good initial short. If you are already short CMED, now is a good time to also add to that short position. Again the same goes for DECK and SMA as well. If you still have NOG, hold onto it and add on a dip. If you don’t own it, wait for a dip before pursuing.

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