12 stock to watch | stockbee

12/03/2009

12 stock to watch

These 12 stocks is what I am watching as of now besides some pre market movers. These stocks were momentum favorite a month ago and are now in pullback or consolidation phase.

AM
ATPG
CNO
CPBY
ETM
GAP
GCI
HGSI
KFN
LULU
OWW
SGY

3 comments:

badar_basim said...

is there a maximum amount of shares that you buy vs daily average volume? or its not important?

take for example your LIWA trade

thanks

Pradeep Bonde said...

Number of shares to buy is function of amount of risk I am taking on a trade. So if a stock is entered at 11 and stop is 10.50 and if my account is 100000 , then if I am risking 1% then number of shares is 1000/.50=2000. I risk between 1 to 5% on a trade depending on conviction and strength of catalyst.

badar_basim said...

thats very interesting. i did not give much thought to that.

if i really like the formation of the stock, my max is usually 5% of the 30 day average of volume in the stock.