Here are the results of a scan completed on finviz.com over the weekend.
The criteria was:
A) stocks under $15
B) average trading volume over 200K per day
C) percentage of floating shares shorted at 10% or higher.
These are only for short term trading where I'm looking for 6-8% moves; more in some cases. In this weekend's scan, I broadened the search up to $15 because many of the lower priced setups posted in this blog from last week already made big moves.
Some holdovers from that previous list that are still valid setups are: COCO, DNDN, GTIV, GTXI, THLD, and TWER Make sure to check these charts and keep them on your radar.
Here are a few more on my watchlist: EXAS, HGG, MM, PRKR, RBCN, SGI, STEC, TC, TRGT.
ALWAYS use protective stops to protect your portfolio from potential big losses.
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