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Diary of A Day Trader© : May 3, 2011 "Trying to Get Higher With CMSI, UBRG and NEW PREMIUM CONTENT FOR NEXT WEEK'S MOMENTUM MOVERS"

The markets aren't being very cooperative today but a few plays are working. There's a new penny pumper, UBRG, that may just be getting lathered up. An oldie but sometimes goodie, LUNA, also received some brief momentum attention and may have a bit more left in the tank. And on days like these, you gotta go with high-grade pot stocks like CMSI.  Swinging this one based on recent volume moves.

And don't forget LFVN, which I alerted you to under $1. It's now knocking on the $2 door! Wish I hadn't sold at $1.25. Oh well.

And please read my new premium content. Click above.Then follow me if you like it.

Good luck and trade with caution today. The sellers are circling the water.