Tim Sykes, my favorite short-selling blogger, has 15 names that he calls potential shorts:
Radnet (RDNT) is also nearly a double off its lows.
China Sunenergy (CSUN) reported bad earnings (Call Transcript), but was probably priced in considering the stock jumped big, now a double off its lows in just 3 days…I don’t like earnings plays, but I’m watching.
James River Coal Company (JRCC) is also a double off its lows, just a stock that’s gotten wrecked, no other reason, potential short.
Stoneridge (SRI) was a great short for a 15% gain, $1,700 profit, detailed post coming, now the stock is dead to me.
Stereotaxis (STXS) looked like it was gonna roll over yesterday, spiked last few minutes, support everywhere so shorting doesn’t look too good.
Presstek (PRST) up from $1 to $2 after a death spiral, potential short.
First Marblehead (FMD) is waaay up off its lows but its also a finance company, no thanks.
Newcastle Investment (NCT) is another finance place, with solid intraday support everywhere, no thanks, I need spiking action, much more likely to reverse!
Kingsway Financial (KFS) is a finance spiker, but only its first up day, watching it.
Tween Brands (TWB) had its first up day, $2 to $3 after being in a year long death spiral, please oh God let there be a further squeeze.
Lincoln National (LNC) is a finance company that was trading at $50 just a few weeks ago, no thanks.
Yingli Green Energy (YGE) is like CSUN, alternative energy bouncer, almost a double off its lows.
YRC Worldwide (YRCW) continues to squeeze shorts, I won’t be one of them.
Seaspan Corp. (SSW) is up a bit off its lows, but it’s a real company, no thanks.
Most of these are low-priced stocks that are hemorrhaging money. One stock I recognize is Presstek (PRST) which was THE STOCK TO OWN in 1995 and 1996. The stock jumped about 25-fold in two years. At its current price of $2, let's just say it has come down since then.