Stock Watch 1/3/07

I will continue to watch fails from last week ENCY ,CLWT and SIRI. I'll also be keeping my eyes on EPIX and LMRA for more positive gains.

Be sure to read any comments posted on this blog. You may find great insight in there. Muddy gave a heads up on CPNLQ and DCTH.

My forceswing candidate of the day is Targeted Genetics, TGEN which lost 8.83% in trading on Friday to close at $5.37 with no apparent news or rumours but looks poised for a reversal.

My curiousity of the day will have to be Northfield Labs, NFLD, whose recent drug disaster cost its shares to plunge over 70% since December. Northfield "reported a higher-than-expected death rate in a study for its blood substitute product PolyHeme". NFLD gained 6% in trading on Friday, to close up at $4.07. Although recent news has been pretty grim, it's had "2 straight up days inside". Worth a look?

Stock Results: 12/29/06

Today I joined in muddy's chat room . In addition to LMRA, picked up a gem - FORG. Thanks guys!

HRAY	0.49%
SIRI	-0.28%
AVNR	1.76%
LMRA	5.34%
GHDX	0.43%
SYNM	-4.68%
IVN	1.40%
ACTC	-1.69%

My curiosity candidate, ENCY took a loss of 6.24% to close at $4.21 on huge volume. CLWT lost 4.79% . I'll be watching both next trading day.

Forceswing candidate EPIX gained 1.92%.

Stock Watch 12/29/06

Another day of watching fails:
HRAY SIRI AVNR LMRA GHDX SYNM IVN ACTC

And also CLWT.

My curiosity for the day is Texas biotechnology company, Encysive Pharmaceuticals, ENCY, whose stock has tanked 24% on word that the FDA has now "classified its drug candidate Thelin as a Class II drug, which could complicate its approval process". The drug is already approved in Europe and "it has proved to be much safer than some existing treatments for pulmonary arterial hypertension, or high blood pressure".

And our forceswing candidate today is EPIX.