Tuesday, February 13, 2007

Standout Stocks

My Stock of the Day is Focus Media (FMCN)

I have highlighted this stock in the past as a long trading candidate. A look at the chart above shows it has had quite a run.

But today, many Asian stocks are reversing lower, and FMCN is taking a hit also. I think this correction in the stock could have further to run. As such, I have taken a trading short in the stock with a tight stop-loss.

Other stocks making notable, high-volume moves include:
  • CYNO
  • PCLN
  • VSNT
  • ICLR
  • VSEA
  • EAT
  • LFL
  • KSU
  • EFD
  • NDAQ
  • HDB
  • ININ
  • KNOT
  • IRBT
  • LQDT
  • CTRP
  • HANS

short FMCN

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