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Diary of A Day Trader© May 11, 2011 "Futures Are Flat, ZAGG's Ziggy; DUNR, TBBC and FSII on Watch!"

May 11, 2011 9:04 AM ETZAGG
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Futures are signalling a flat open today, but several stocks may have some upward momentum.

THe heavily-shorted ZAGG will be in play after the company posted good earnings. Almost half of that float is sold short.

DUNR is sitting on 52-week highs and made a decisive $1 break in the wake of last week's earnings report.

TBBC, The Brainy Company, is  a new OTC IPO that got good volume yesterday and may have legs.

FSII is a momentum runner that could tack on more gains with the $5 break. May need to pull back and consolidate a bit though.

Also have my eye on CIMT, LMLP and MDAV. That last one is a failed promo stock that looks like it hit a bottom yesterday.

Good luck and good trading.

And remember to FOLLOW ME. I only need about 65,000 more of you to catch DR. KRIS!

Good luck and good trading.

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