Browsing Posts in Bounce

The last few months have been a bit grueling. Work, Holidays, Dates, Travel, etc. Regrettably there hasn’t been too much time to study the market. I made a a couple plays during the end of 2010 but they were all big losers (CSCO Jan ’11 Calls, GRYE mostly). I disobeyed the #1 rule of trading […]

Bounce Play: NGAS (Ngas Resources)

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Looking for a risky bounce play? Keep your eyes on NGAS (Natural Gas Resources). After announcing widening Q3 losses shares plummeted to a new 52-week low of .35 during trading on November 10th. This price also represented the lowest price the company has seen in the last 5 years. Can’t say I’ve had time to […]

As we ended last week, JTX was up a cool 16% since we featured it as our bounce play of the week (BPotW). There was a slight selloff on Friday and as the market opened on Monday I decided it was time to lock in some profits so I sold 1/4 of my shares for […]

For our first pick of 2010, I’ll start with what would appear to be a simple stock to swing trade.  JTX or Jackson Hewitt Tax Service. News JTX has recently come under attack the last few weeks over speculation about your typical mix of “bad news” PR statements.  First came a bank that cut off […]