Salomon Johns

Did a swing trade today since I pulled an all nighter didn’t go too bad, there’s still opportunity to jump in for those that don’t mind high volatility. Matech Corp (MTCH) I was in at $0.1065 out at $0.1165. For a while it was floating between $0.108 and $0.114, but that will change a lot throughout [...]

C – Citigroup Inc. has serveral resistance points in the short term (60 day approx); 4.10ish as a bottom, in my opinion 4.10-4.15 as an entry point if your patient, 4.20+ if your not. A ceiling of $4.80 (modestly). Short interest appears to be up 52% from the last 15 days, that can be seen [...]

Well in the past my luck with BCON has not been too bad, I usually buy in around $0.66 – $0.67 and sell around $0.70+, I bought in again yesterday at $0.6702, lets see if this goes well. As of now the 50 day moving average is showing at just under $0.70 on stockcharts.com

Well after being overseas and not 100% paying attention to the market, I made a good loss on FNM, however I did make up for it in part, but overall Im still down around 20 cents a share for a full recovery. I have been day trading it and so far it hasn’t been too [...]

CIT is down considerably during pre-market around 45% at the time of writing, I decided to try my luck, in @ 1.30 and out @ 1.35 its like playing with fire though. I wonder how far down it will go once the market opens, I may buy up if it dips to $1.10 again, lets [...]

Well, another successful 2 trades today, CIT in @ 1.96 and out at 2.10 on the IRA, and again in at 2.07 and out at 2.16 on the cash account. I think I’m going to call it a day today.

Well, I haven’t updated my positions in ages, but today I decided to play around a bit on the market early on, many of you probably saw CBAI if you are on google finance. Anyways I have no idea where it will go, but i was in at 0.0070 and out at 0.0077. The volume [...]

First Solar, shares were up around 10% today, I closed my position with a modest gain, for those of you that didn’t see in the news;
First Solar, Inc. announced a memorandum of understanding (MOU) with the Chinese government to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China. Pursuant to the [...]

Well with the market fluxuating a little bit, I decided to buy up a couple shares of CIT, lets see how it goes
B: CIT  @ 1.51
Other than that, all my positions remain the same.
CIT Group Inc.  (Public, NYSE:CIT) Was down 15.52% today, and up After Hours: 1.48 +0.01 (0.68%).

Well, despite the market being down I still managed to make some decent calls as far as the market.
S: MESA @ $0.2506
S: HTDS @ $0.012
S: FAZ @ $23.40
My only loser that I sold today was FAZ. Lets see how the rest of the day plays.