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Profit-Taking Is Kicking In: Here Are Some Names on My Shopping List Study those charts and be ready to act as things develop.
Feb 05, 2021 | 11:19 AM EST
Opening strength Friday morning has been met with steady selling in many of the small-cap stocks that have been leading recently. Breadth is still excellent at better than 2 to 1 positive, and over 750 stocks hit new 12-month highs, but it looks like traders are in the mood to lock in some gains as they finish up an excellent week for stock-picking.
The stocks that led Thursday are lagging badly Friday, but it doesn t look like there is any rush for the exits. It is just some profit-taking and cutting of exposure. I expect many of these names to set up quite well again after a bit of rest.
Climate Change Crisis Real Impact I Acquisition Corporation (NYSE: CLII)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Climate Change Crisis Real Impact I Acquisition Corporation
(NYSE: CLII) in connection with the proposed merger of the company with EVgo Services LLC ( EVgo ). Under the terms of the merger agreement, CLII will acquire EVgo through a reverse merger that will result in EVgo becoming a publicly traded company. If you own CLII shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/cris/
New Providence Acquisition Corp. (NASDAQ: NPA)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
New Providence Acquisition Corp. (NASDAQ: NPA) in connection with the company s proposed merger with privately held AST & Science LLC ( AST ). Under the terms of the merger agreement, NPA will acquire AST through a reverse merger that will result in AST becoming a publicly traded company. If you own NPA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/npa/