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5 May

1 Stock On Watch For May 5, 2011

by

Momentum Stocks

It’s not often I enter the session without a detailed watch list, but today is one of those days.

I’ll still be running my normal morning scans with Equity Feed looking for day, swing and short term trades but my research time last night was spent reading over the ANIK earnings report.

I own 2k shares of ANIK at $8.65 and while earnings didn’t blow the roof off, they weren’t bad either. This stock has an FDA pipeline in place too so I’m looking for it to dip but not sell off.

I don’t typically hold through earnings, so when I do, it gets my full attention the morning after.

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