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Wednesday, June 10, 2009

Stocks to Buy June 11, 2009 6/11/09

Wednesday, 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 11, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Discuss Stocks -

Stocks to Watch - 6/11/09 - Stock Market Ideas

Jazz Pharmaceuticals, Inc. (JAZZ) - JAZZ stock skyrocketed after reporting phase 3 data on Sodium Oxybate which improves Pain, Fatigue, and Sleep in Fibromyalgia. The company did a poster session this morning and will be reporting Thursday and Friday. $3.50 seems to be a nice support level with resistance around $5 and also up at $5.54. This will be the #1 stock on my radar tomorrow, hopefully the company doesn't do a stock offering and kill the momentum. Discuss JAZZ.

Biopure Corp. (BPUR) - BPUR stock is surging on no news...keep an eye on it

Satyam Computer Services Ltd. (SAY) - Satyam continues the recent surge and JP Morgan initiated coverage on the stock Wednesday. Resistance around $5

Auto Supply Stocks: Shares of Lear Corp. (LEA) & American Axle & Manufacturing Holdings Inc. (AXL) were up Wednesday once again - " Auto suppliers up as Chrysler sale closes " - Keep an eye on these two stocks for a possible trade.

XTENT, Inc. (XTNT) - XTNT stock had a sharp spike to $1.69 on Wednesday. This sets up nicely because while I won't trade it right now, as soon as it breaks $1.70, I will get back in for a quick trade.

Novavax, Inc. (NVAX) - NVAX stock was on fire Wednesday after a sharp pullback last week. This is extremely bullish to see some follow through for once. Usually NVAX pops, sells off, and never comes back. More importantly, this time NVAX is rising on no news. I will be watching Wednesday's high of $3.23 and the 52 week high at $3.88.

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.

Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - The stock market sold off Wednesday and FAS retraced back into the $9.82-$10 support zone. If this support zone fails, look for the next support zone to be tested between $9.30-$9.40, then all the way down to $8.60

Citigroup Inc (C:NYSE) - Citigroup stock is now having major problems breaking back up above $3.60. $3.62 was the high on Wednesday which becomes resistance. Support continues to be located between $3.32-$3.34.

Antigenics Inc. (AGEN) - Something could be up with AGEN stock again, went up 22% during the afternoon hours on Wednesday on no news - AGEN is worth keeping an eye on.

Spongetech Delivery Systems, Inc. ( SPNG ) - SPNG stock continues to be bought on every major dip. SPNG broke through previous resistance of $0.155 and then went higher. The volume continues to be huge! SPNG is on my radar.

Other Stocks to Watch - June 11, 2009

GreenHunter Energy, Inc. (GRH)
Evergreen Solar Inc. (ESLR)
Sequenom Inc. (SQNM)
LDK Solar Co.Ltd. (LDK)
JA Solar Holdings Co., Ltd. (JASO)
Royale Energy Inc. (ROYL)
Trinity Biotech plc (TRIB)

Penny Stocks to Watch - 6/11/09

Luna Innovations Incorporated (LUNA)
Peregrine Pharmaceuticals Inc. (PPHM)
HSW International, Inc. (HSWI)
Catalyst Pharmaceutical Partners Inc. (CPRX)
China Shen Zhou Mining & Resources, Inc. (SHZ)
Blue Dolphin Energy Co. (BDCO)
DayStar Technologies Inc. (DSTI)
Dana Holding Corporation (DAN)
Opexa Therapeutics, Inc. (OPXA)
Comstock Homebuilding Companies Inc. (CHCI)
Pinnacle Gas Resources, Inc. (PINN)
BioFuel Energy Corp. (BIOF)
Verenium Corporation (VRNM)
Adeona Pharmaceuticals, Inc. (AEN)
Adventrx Pharmaceuticals Inc. (ANX)
Akeena Solar, Inc. (AKNS)
Level 3 Communications Inc. (LVLT)

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