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Tuesday, June 9, 2009

Stocks to Buy June 10, 2009 6/10/09

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 10, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

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Stocks to Watch - 6/10/09 - Stock Market Ideas

GeoPharma Inc. (GORX) - GORX stock exploded higher on Tuesday with no news but very heavy volume. At 2pm, GORX traded 1.3 million shares vs 25,000 normal daily volume. Keep an eye on this stock Wednesday.

China Shen Zhou Mining & Resources, Inc. (SHZ) - SHZ also exploded on huge volume but no news - shares of SHZ were up 129% Tuesday.

MDRNA, Inc. (MRNA) - MRNA stock was a huge mover on Tuesday after FDA approval for their nasal spray. Shares of MRNA gapped higher and then fell through out the day. Watch for a break back above $3.00 as a sign of strength in this stock.

Cardica Inc. (CRDC) - CRDC shares are getting a huge bounce on no news. This company makes an attatchment for the Da Vinci system from Intuitive Surgical, Inc. (ISRG)

Satyam Computer Services Ltd. (SAY) - Satyam stock was up 32% as the India computer company revealed profits and the shares in India hit a 26% limit and I believe was halted until tomorrow.

Lear Corp. (LEA) - The auto suppliers are requesting more Government aid....shares of LEA have exploded higher on the news.

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock continues the huge uptrend since March 2009. FAs once again has support at $10 as well as $9.82. Look for a break out if FAS breaks back above $11. FAS looks like it could break $4 for the first time.

Citigroup Inc (C:NYSE) - Citigroup stock is back testing support between $3.32-$3.34. Tuesday's low was $3.38 so this is something to keep an eye on. Weakness in Citigroup shares could make the stock market nervous again.

Spongetech Delivery Systems, Inc. ( SPNG ) - I continue to watch this OTC penny stock. SPNG shares have been on fire as the company continues to release positive news. Support is at $0.115 and $0.10 while resistance is at $0.155

Hemispherx Biopharma, Inc. (HEB) - I have been mentioning HEB every single day for the past two weeks because traders and investors are waiting for an FDA decision on the companies Chronic Fatigue Syndrome drug Ampligen. Expect shares of HEB to soar or crumble on this news.

Cell Therapeutics, Inc. (CTIC) - CTIC stock has really settled down after an enormous run over the past several months. Look for the next positive news event to move shares of CTIC back above $2. All major pullbacks have been bought heavily.

Sequenom Inc. (SQNM) - Shares of SQNM exploded higher on no news during the afternoon hours on Tuesday. You can't help but notice the volume so good news might be on the way.

General Motors Corp. (NYSE: GM), now GMGMQ or GMGMQ.PK is soaring - shares are back near $1.50 after hitting $0.50 last week.

Other Stocks to Watch - June 10, 2009

Superconductor Technologies Inc. (SCON)
American Axle & Manufacturing Holdings Inc. (AXL)
Spreadtrum Communications Inc. (SPRD)
China Housing and Land Development, Inc. (CHLN)
China Natural Resources Inc. (CHNR)
FuelCell Energy Inc. (FCEL)
Fairchild Semiconductor International Inc. (FCS)
Marvell Technology Group Ltd. (MRVL)
JA Solar Holdings Co., Ltd. (JASO)
Antigenics Inc. (AGEN)
Angiotech Pharmaceuticals Inc. (ANPI)


Penny Stocks to Watch - 6/10/09

Comstock Homebuilding Companies Inc. (CHCI)
ValueVision Media Inc. (VVTV)
Avanir Pharmaceuticals (AVNR)
NetSol Technologies Inc. (NTWK)
Generex Biotechnology Corp. (GNBT)
China Direct Industries, Inc. (CDII)
Conexant Systems Inc. (CNXT)
Guaranty Financial Group Inc. (GFG)
NexMed Inc. (NEXM)
Akeena Solar, Inc. (AKNS)
Adventrx Pharmaceuticals Inc. (ANX)
Barzel Industries Inc. (TPUT)
AMERICAN GREEN GROUP (AMNE.PK)

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