watching

NCTY -  This is the first stock in my new 200 day MA screen that really intrigues me.  It has been hammered down as part of the overall Chinese markets.  It’s online gaming company that is quite frankly reasonably valued.  It contains some things that I love, especially China which can really rev up investor excitement.  I put it on a watch buy at $25 per share.  I think a buy stop could work when it pierces $26.75, and then look to buy on any dips.

FSYS..I will put a stop in at $27.69 which is the 50 day moving average.  Using my lesson from last time, the stop will go in just above at $27.71. I will hold it otherwise and consider purchasing again if it starts moving towards earnings on August 11th.

Others…the 200 MA bullish screen is filled with some financials, which I find very interesting.  Perhaps they’re being accumlated for an acquisition or are just good companies that deserve to come back first.  Some of the tickers for future reference:

CATM

Cardtronics Inc

4.44

322.1 Mil

8.70

8.40

8.33

FCFS

First Cash Financial Services Inc

2.33

438.4 Mil

15.35

15.00