Entering text into the input field will update the search result below

Diary of A Day Trader© May 9, 2011 "Making Some Dinero WIth $DUNR and Getting Ready to Turn Up The $HEAT"

May 09, 2011 6:08 PM ETLBTI
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Seeking Alpha Analyst Since 2011

Jon Slotnick is a freelance film, television, e-learning, medical and financial writer. As a self-taught stock analyst and trader who learned the Wall Street ropes as a way to supplement his income while penning TV shows and feature films, he currently provides stock analysis and alerts to several financial web-sites, and does freelance copywriting for TD Ameritrade. He has a B.A. in Sociology and a masters degree in journalism from UC Berkeley.

Sweet trading conditions prevailed today. My tip from yesterday and this a.m., DUNR, upticked over the dollar level prior to the open and didn't look back, closing at its high-of-the-day level of $1.09. I like this one for more during the week ahead--especially if crude oil continues to rally.

$HEAT, a beaten down Chinese issue, is set to report earnings before the open, and I have a bet out that says these shares will pop. Companies like SCEI and ZSTN are beginning to fight back against the shorties, and a nice trend may be forming for some profitable short-chasing in this sector. HEAT also has a history of running quickly.

I'd also look for weak opens from UBRG and FBCD as potential buying opportunities. If they don't bounce, then forget about 'em.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.