CAMARO’s Watchlist for 12/5/12
INTC - Did you miss FB GMCR FSLR??? All those stocks were heavily shorted and had massive downtrends for 2012 but over the past month or so have all been acting really strong. Well INTC I think is next to make big move. Good base formation here in the 19s and could easily catch a move back to 21.50-23 by the EOY. Keep on watch- and maybe look at Jan calls here.
BBDA - its baaacckkk….over 130million shares traded today. Wowza. Looking for a move back to penny land tomorrow- love the volume!
BIDU - BIDU was a huge winner for me today. Traded puts right at the open and flipped them numerous times today and took the 90strike puts and the 80strike puts overnight as a lottery type play. It closed under its 200ma on the weekly chart and closed at 2 yr lows. This is a very ugly sign. Could see lows 80s tomorrow.
BAC - Great lotto play here- BAC was above to regain most of its losses from yesterday off strong volume. The 10 strike calls are currently under .10c and BAC could break above 10 tomorrow and maybe move to 10.30-10.50 by friday. Im in the strike calls.
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