The TRIGR blog has gone live. And I see we have quite a few new readers. Welcome aboard! I’m really excited about the communtiy we’re building here. I want to take a minute and emphasize that TRIGR is in beta-test mode, so all of your comments, observations and suggestions are helpful. Don’t be shy!
Now let’s get to it. Graham Corp (NYSE:GHM) and Cano Petroleum (AMEX:CFW) were both left off today’s TRIGR Top 5. Cano made a small gain but is in the red today. Graham was essentially flat, but is up today. It’ll be interesting to see if they make tomorrow’s Top 5.
The two stocks I highlighted from yesterday’s list put in a mixed perfomrance. Datascope (Nasdaq:DSCP) opened at $46.26 and finished at $47.14 for a 2% gain. Acura Pharmaceuticals (AMEX:ACUR) opened at $9.60 and closed at $9.14 for a 4.7% loss. I have to say, regarding Acura, the extremely light daily volume keeps this stock from being a good trade vehicle. I’ll have to speak to TRIGR about that.
Acura is up today, but only 417 shares have traded as I write. Datascope is also up slightly. I interpret the absence of both from today’s Top 5 to be sell notices.
Today’s Top 5 fetaures a couple repeats — Canadian Solar (Nasdaq:CSIQ) and T-3 Energy Services (Nasdaq:TTES). We’ve seen a lot of these two over the past couple of months. CSIQ first showed up on April 9 at $24.20 a share. It currently trades for $50.50. TTES debuted on June 16 at $65.08 and now trades for $73.87 or so. Both should be good short-term trades.
Today’s Top 5 also included Perfect World (Nasdaq:PWRD). We’ve seen is a couple times before, and seen some small one day gains. Overall the stock is still basically flat from when TRIGR first identified it. TRIGR works in mysterious ways sometimes, but the fact that we’ve seen it before and it hasn’t done much makes me suspect that there are some gains on the way for this one.
We’ll see!
Ian
For important information and a disclaimer, click here.
TradeMaster Daily Stock Alerts has officially launched! Learn more.
5 responses so far ↓
1 DayTrader41 // Jun 19, 2008 at 2:13 pm
CSIQ is a mover. Curious as to how solar’s going to continue to play with oil going as it has been.
2 IWyatt // Jun 19, 2008 at 4:25 pm
Individual stocks will have their ups and downs, but I think the solar sector as a whole has much upside. As costs come down, implementation will rise. The best stocks now are the ones that can produce solar cells cheaply. Note that Intel is investing in solar. they expect to have a plant up and running sometime in 2009, I believe.
3 DaveB // Jun 19, 2008 at 8:07 pm
ACUR Has been moving in a very narrow range since Dec 5 reverse stock split of 1 to 10. Declining earnings of Dec30 @ .20 EPS and Apr 30 @ .15 EPS along with low volume probably contribute to this trading range. Reverse stock splits are generally not good for stock movement and will probably need some good news about this company to get it to move forward. I would not buy this stock at this time.
This is not a recommendation to buy or sell, just my opinion folks.
4 osama albassam // Jun 19, 2008 at 11:33 pm
This is my first day !!! I am still trying to figure what was happening ???
I think that you should do less talking and and have a table with lets say todays choices and yesterday.
Thank you
5 DaveB // Jun 20, 2008 at 11:17 am
Personally, I like your comments, but would like to see a table also
Leave a Comment