Thursday, April 05, 2007

Standout Stocks

My Stock of the Day is Crocs (CROX)

This stock started its correction back in late February, with a high volume reversal. It eventually traded below its 50-day, but soon started forming a rounded base.

Today, its is spiking back above its 50-day, on very strong volume. I think demand for the shoes, as well as the increased distribution I've been hearing about bode well for the company. And the high short interest in the stock should help as well.

The market is continuing to plug along. It looks like another frustrating day for the bears. Biotechs are really heating up, with the BTK making a new high for the year.

Here are some other stocks making notable, high-volume moves today:
  • VOCS
  • MTRX
  • MFW
  • BLUD
  • CLB
  • SMSC
  • TNH
  • SPAR
  • CBEY
  • GROW
  • CUTR
  • ROK
  • CYNO
  • MNST
  • LHCG
  • HWAY
  • HOLX
  • WBD


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