Dearborn Bancorp Inc. (DEAR) - Shares of Dearborn Bancorp Inc. were on fire Wednesday after the company reported a profitable quarter. The stock hit $3.29 before pulling back through the low of the day. If DEAR can break above $3.29, I'd be a buyer.
Huntington Bancshares Inc. (HBAN) - Shares of Huntington Bancshares Inc. soared after the company reported another good quarter. With the stock poised to close above $6.12, there is no major resistance until the $8.00 level. All pullbacks to $6 are a strong buy.
Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. are slowly drifting higher and are breaking some key resistance levels along the way. The next major resistance levels are located at $2.30 & $2.60.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro continue to hold $9.20. I like the stock as long as it remains above $9.20, but if $9.20 fails, we could see a move down to $8.75. Resistance on the upside is located at $10.
SIRIUS XM Radio Inc. (SIRI) - Shares of SIRIUS XM Radio continue to trade above $1.00 which is positive because the company can avoid a potential delisting. Sirius XM Radio has support at $1.00, a break below this level would be bearish. Resistance is located at $1.18.
DryShips, Inc. (DRYS) - Shares of Dryships Inc are back above $6.20 which is bullish. Drys below $6.20 is a strong buy going forward. Resistance is located at $7.00.
Samson Oil & Gas Limited (SSN) - Shares of Samson Oil & Gas Limited are now stabilizing and could be getting ready to resume the uptrend. Aim for the long term. Will add a lot more stock on a break above $1.00. I own and like Brigham Exploration Co. (BEXP). Both stocks have exposure to the Bakken Shale.
Independent Bank Corporation (IBCP)
Integra Bank Corporation (IBNK)
Dearborn Bancorp Inc. (DEAR)
Comstock Homebuilding Companies Inc. (CHCI)RAIT Financial Trust (RAS)
Dearborn Bancorp Inc. (DEAR) - Shares of Dearborn Bancorp Inc. rebounded on Thursday after the sell off going into the close on Wednesday. A close above $3 at any time would be very bullish. Dearborn Bancorp has not closed above $3 since 2008. Resistance in the short term is located at $3.40.
Huntington Bancshares Inc. (HBAN) - Shares of Huntington Bancshares Inc. rallied again on Thursday. Huntington Bancshares doesn't have any major resistance until the $8.00 level. All pullbacks to $6 are a strong buy.
SIRIUS XM Radio Inc. (SIRI) - Shares of SIRIUS XM Radio continue to trade in a tight range on heavy volume. Resistance is located at $1.18.
Alcoa, Inc. (AA) - Shares of Alcoa, Inc. are trading back below $13.90. If Alcoa would close below the 200 day moving average ( $13.42 ), I think it would pullback even more which would create another buying opportunity. Stay tuned.
Dearborn Bancorp Inc. (DEAR) - Shares of Dearborn Bancorp Inc. continue to rip higher as the small cap bank stocks soar. Dearborn Bancorp is now the Top Stock Gainer in 2010. Resistance is located at $4.00 as well as $5.00.
Huntington Bancshares Inc. (HBAN) - Shares of Huntington Bancshares Inc. continue to break out, I don't see any major resistance until around $8.00.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro continue to hold $9.20. I like the stock as long as it remains above $9.20, but if $9.20 fails, we could see a move down to $8.75. Resistance on the upside is located at $10.