DJIM #16 2007

The week closed on a high note for DJIM stocks as they outperformed the market in the morning. The spillover from the markets move Thursday came into our stocks early and in bunches.  As we said the night before...there's still tomorrow!

JSDA, what can you say about a trip from $23's to a AH price of $28.70?.  Well, we talked about our buying enough last week, how about thinking about some selling strategy heading into Monday's trade and perhaps a gap open.   One way to approach this runaway is if it gaps Monday use a mental stop at around Friday's close so you don't blow your winnings.  Some may give it some more room and use the open price area Friday for an exit.    If it keeps going up, you just go with the flow and keep it a hold.  There will be more trade in this and taking some off sooner than later will not hurt you.

BW, incredible what one buy rating by First Albany can do for a worthy earning DJIM stock.  Volume was nearly a million for this Friday as it opened at $54 and climbed all day to $58.  If you got your play-watch list screener set to the top recent plays at DJIM...then you had a potential 8% move on your hands.  Same goes for TSL and it's 6% move. There is only so many times or so many plays we can alert-comment on a day without confusing the lights out of our readers.   Hopefully..these are on the top of your trading play list as they are on ours.   Both put in NCH's again and we will be selling what pieces we gathered Friday into a hopeful nice open off the NCH's.  After...we will again look to buy a dip in these.

TNH, recently when we added this to DJIM, we spoke of the rewards possible if you get on the right side of a TNH trade.   Even if you plucked it off Friday after our mention Thursday night off its NCH, you had 5 points by noon.  How many stocks do you know that can get you up to 10 points the following day if you bought the day before.  $60-70!.   We'll look for another entry after selling into this fast ride .   A note, there is a relation to TRA , which made a NCH Friday, but to us TNH is the play here!.

UXG, this was definitely a sweet winner here Friday as it climbed and climbed to almost $7.  We are buying the dips here as we are in the GRZ and URZ.  These are providing nice trades off the dips over and over again of around .50c.  Once in awhile, you might get a move like UXG's which is a just a bonus.  These are our speculative bleacher creatures and we will continue to trade them.   The other cheapie around here...

CIMT is holding just fine since our $3.80's intro on it.  It seems quite safe and we are looking for another leg up soon.

If you want to get real cheap and speculative...

PAE,  came out with earning late friday.  It reported .06 vs. (-0.04) +250% EPS change,95 RS, following a break even Q with revenue over20mln+11m in the previous Q.  It closed at $1.65 and has market cap in the 50's mln. Even if you take out a 1 mln legal gift, they still made over a 1.2 mln in net and are now profitable.   Usually a stock turning the corner on profitability gets some attention sooner than later.  It actually got into IBD's top earning announcements column and might get a look Monday or simply crawl slowly upwards from here.   It can be a complete bore or its numbers and float and price will get some cash into.  We'll watch early, you never know...

JASO,  we tried to include this early in the solar play here, but it never materialized as the FSLR, TSL and ASTI were the clear plays.  Well..this has changed the last few days as it has gained some momentum.  It reported 'swell' earnings, March 30th and was trading at $19 when mentioned last in Alerts.  Looks like some newsletter hype job has gone into this, so trade with care if in at this point over $24 and 20% in a couple of days.  Our money is still for the FSLR TSL ASTI plays, but we will look to buy lower prices in this one most likely.  Time will tell....

ASTI,  has done a beauty of a job flying off the 9ema and closed with a NCH Friday. We are there and are looking for higher prices in the short term.

MTRX OYOG keep making NCH's.  BTJ is one we added back Friday as far as these sec plays go.

What else in DJIM land...scattered notes on recent stocks around these parts...

AFAM..might have turned back up Friday.  CYNO, has shrugged off the D-grade in sector and is a few % points off highs.

USAT, SLP.  Waiting on these to move over recent highs for us to move into. 

SPEC, is looking like another potential IBD play that has lost its papers to cross the $15 border.  We'd only be chasing these last 3 on a definite show of buying momentum at this point.