I'm constantly on the hunt for solid swing trades like AMR, BWEN, CTIC, CLWR,
DHT, EK, FTWR, PPHM, SAPX and TLB. Normally I try to position before the move
like I did with HDY recently at $3.06 before it ran about 30% the following day,
however, sometimes swimming with the current is an easy way to grab quick
profits too. Swing trading, for those of you who are unaware, is a speculative
activity where stocks are repeatedly bought or sold at or near the end of up or
down price swings caused by price volatility. A swing trading position is
typically held longer than a day, but shorter than trend following trades or buy
and hold investment strategies that can be held for months or years. In this
edition of running with the bulls my filter for the stocks on this list is
between $.25 and $3 with 300 trades or more the day before. The following stocks
could deliver some decent profits moving forward if they continue so here's
what I'll be watching for. AMR Corp. ( NYSE:AMR ) operates in the airline
industry. AMR recently filed for Chapter 11 i.e. bankruptcy. Shares fell from
$1.72 to $.20 but have since bounced 250% in just over a week, something day and
swing traders are attracted to. Technically, now that the price is working into
the gap down its anyones guess but entry with a stop just below $.65 could be
worth the risk if it climbs another quick 20% or more from here. Resistance is
definitely at $1.63 and considering the circumstances Im not sure itll test that
point again. Talbots Inc. ( NYSE:TLB ) operates as a specialty retailer and
direct marketer of womens apparel, accessories, and shoes in the United States
and Canada. Shares where flying Monday on an unsolicited letter from Sycamore
Partners proposing to acquire all outstanding common stock for $3.00 per share.
Im looking at the level II which reads $2.50 x $2.75 right now so its anyones
guess from there but if you like running with a bull and the offer is accepted
there might just be a $.25 to $.50 cents per share opportunity still on the
table. Watch out however if worth comes out that Board isnt interested because
then TLB moves to the short list. Peregrine Pharmaceuticals ( NASDAQ:PPHM ) is a
clinical stage biopharmaceutical company, engages in the research and
development of monoclonal antibodies for the treatment of cancer and viral
infections. Shares of Tustin, California-based Peregrine ran over 50% Monday
when their
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