Diary of A Day Trader© May 12, 2011 "On Watch For Tomorrow: GAPTQ, ONSC, HCEI, BPAX and ANY STOCK RELATED TO COFFEE OR TEA!"
In the minds of traders, tea and coffee are kissin' cousins. The only tea stock I could find was GAPTQ. It's trading near multi-year lows, is in bankruptcy, and, I'm thinking...IS READY TO ROCK AS A COFFEE SYMPATHY PLAY. Only time will tell.
My guess is all the coffees come out strong in the morning, just like the brew itself. Then it'll get tricky. HCEI is my current favorite, but JAMN should be tradable throughout the day.
I also have my eye on the sneaky OTC play ONSC, which has a $2 magnet written all over it, and BPAX, which is likely to establish new 52s during the course of the day, if the markets are willing.
Good luck, good trading, and follow me. I'm only about 65,145 followers from taking over the lead from Dr. Kris.
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