Some Over Heated Penny Stocks To Short - AVII, GRVY, NVGN, OXGN

Some Over Heated Penny Stocks To Short – AVII, GRVY, NVGN, OXGN

Jul 8, 2009 Small Cap Stock Picks

AVII – was watching this around 1.40 or so considering shorting.. Turned my head and all the sudden within a few minutues its tanks to the 1.20′s. There still could be some downside potential here. Small Cap Biotechs have lost their steam

GRVY – this is going to get dumped soon. It blew up on some crap news about how they’re revenues jumped 32% for the quarter from last year to a wopping $12 thousand dollars!! woo hoo!! Market capped jumped to $44m on todays 50% rally.. This will fall soon.

NVGN – This rallied strong today over $5/share. Had two intraday breakdowns that you could have shorted.. I could not get any shares.

OXGN – similar pattern to AVII… bitech losing steam. broke down its month long ascending channel today.



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	Down from $150!	Down from $550!

` This entry was posted on Wednesday, July 8th, 2009 at 11:25 pm and is filed under Small Cap Stock Picks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2009-10-13 22:04:48
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