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I’m Travelling But Who Cares, Here Are Some Hot Penny Stocks

Posted by timothysykes on Mon 28th of Apr, 2008 06:12:40 AM

Gonna be traveling all day to my U of M speech so considering how good some of these plays are looking, I’m gonna miss out and inevitably get some emails sayin’ I’m a failed trader, but that’s a small price to pay to get the expected 150+ students to think cynically about the financial industry freakshow! Here’s the microcrap landscape…cheers:

1833177596 065c0f76041 Im Travelling But Who Cares, Here Are Some Hot Penny Stocks

PDO just keeps it goin, showing why THIS trade was actually pretty damn good, at least for a short seller—as I preach in PennyStocking, shorting, while ultimately correct considering how shady these companies are, is much tougher, I really want you guys to learn to play these from the long side (something which I could never really master)…as for when to short, don’t stand in it’s way, this is a full fledged Supernova! Just sit back and let all the early shorts kick, scream and ultimately panic cover—that’s when I’ll start looking’ to enter

HDY is another sketchy oil and gas play that puts out exaggerated PRs, spikes and then does nothing…last 7 spikes have all been good short opportunities, their PR firm is Investor Awareness Inc whose business—judging by their other clients—is to take a few thousand dollars/month and do little to nothing offering up excuses like “it’s tough to get any upside in a market like this” and “no microcraps are doing well right now”. Too bad HDY doesn’t hire somebody scummier/more unethical so this stock can actually pumped like it should be!

(Yeah that’s right IAI, your services ain’t worth sh@! unless you create a short suqeeze worth remembering–read my book An American Hedge Fund, maybe you can get some ideas. HDY, save some money, just buy some banners on my site and I’ll pump you up myself! (Oh wait, damnit, I wanna help the suckers, not create more, okay HDY, how about I just get you exposure, bring in the short sellers, then you hire a really shady PR firm, squeeze us short sellers and reap the benefits of a higher stock price, deal?)(PennyStockers don’t fear short squeezes, we cut our losses quickly, so bring it on you boiler rooms!)

MXC another oil runner, gotta get the volume up, c’mon company, realize how much you can squeeze the shorts, pay some nefarious firm $25k and some shares and unleash your potential! (those of you who have time, please email the company urging them to do just that

TIM Lesson: Nothing worse than a microcrap with ethics, blehhhhh, disgusting and hypocritical; if management won’t play the game right, throw ‘em out and find somebody on Craigslist who will!

WSCI again teaches you why sometimes you just buy the breakout and hoooooooooold, dan my cynicism!

XJT up on takeover merger blehhhh bastards think their company is actually worth something, someone should tell ‘em how airlines are a cursed biz, just ask the JBLU investors who “believed in their long term vision” LOL, take what $ you can and get the hell out

ACTS earnings play

THC solid multi-wee breakout on ANALyst upgrade, lots of resistance, c’mon other ANALysts, don’t me a Meredith Whitney, just follow your mindless compadres and pump this sucka up so I can short it!

HMA same game as THC, just diff. name

PGNX missed this fun on Friday, blame having a life every now and then, tough to balance, that’s why all the richest people on Wall Street are f$#@ed up

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  • My type of person even on vacation your working.
  • AP
    Question: Can somebody force a margin calls across the board on a stock by buying say a few share at say 10X the price in the After Hours?

    I say this because I'm trying to understand the logic behind somebody buying 100 shares of EDEN at 2.88 1 minute after the close.

    I just wonder what would happen to shorts if 10 shares crossed at like 28 dollars AH?
  • timsykes
    nice breakouts on COIN, GTE, KOG
  • DSCO goin down
  • I second that sonid, made a few bucks today on SYNM on the way up...sold into consolidation...waiting to see which way it goes.....watching GRIN, HDY, RGN, terrible commodity KOG, DSCO, FPP and my fav Amish food company AMNT for possible short plays....most are consolidating...KOG could go North looks like
  • MA sweet move into close, excited to see what V brings after hours
  • sonid
    MXC is the supernova we've been waiting for. almost ripe
  • Goat
    TTP looks ready to break out to the upside in my opinion...nice volume
  • Dan-O
    And.... now they're back.
  • timsykes
    John, of course I'd love to be able to go long, but if u could read, u'd see in my book AND in the post above, i say my specialty is short selling, thats just the way the cookie crumbles--and i'm gonna teach people to trade whats worked FOR ME. u forget 95% of traders lose $, any of whom lost half or even all their money within a few months--if they follow my strategy, not only would they have a 50% gain in 6 months, they'd probly do better cuz i'm not even that good!

    next time do some research before u waste my time repeating myself, thanks!
  • Dan-O
    In case you were interested in PDO, those big buy blocks (5K) at 8.15 to 8.20 vanished into thin air.
  • John G
    Timmy, way to stroke the ego with a $150 quickie...your argument is pointless with PDO really - yes, stocks with runs will come down eventually, but you just don't risk short side on low float momo stocks in hot sector that DOES have fundamentals to back it up. That is just stupid and terrible advice for your sheep here. A smart trader sees what is going on and jumps on for a ride...then they short after their big game...but noooo, you took your lunch money the other day, and the $150 today, but neglect to point out the fact that you should have swam with the current and made $1700+ on the long, THEN shorted.

    There will be ups and downs with this, but its very dangerous to try to time it in out without obvious total collapse of support - I would be riding as long as the drop is less than 15% on a given day - as soon as that happens, then maybe the show is over..in the meantime, a long position when you first started looking at this may turn out to be a $3-5k trade before its all said and done.

    THIN THIN THIN...thats the key issue here that says you were wrong from day one to do what you are doing....WAY TOO EARLY.
  • Good luck on speech tonight ...

    Dan-O PDO so hard intra-day bounces around with no direction but in a general direction makes it impossible to trade unless you're holding
  • bdog
    virtual stock exchange google it and join mypublic league called timothysykes you start with what he did 12415..im already up %18 percent in 2 weeks
  • Tim thats a new term Travelling, never heard of it lol
  • Dan-O
    I am watching PDO like a friggin' stalker.
  • Goose
    www.Investopedia.com sign up for an account and up you go.
  • PsychCorp
    Hey guys Ive been following this blog along for a while now and I apologize if this is a stupid question, but do you guys know of any sites where it would be possible to practice these moves? all of the ones that let you "play" with fake money such as updown.com have the 15-20 minute delay, at least. Thanks in advance.
  • bdog
    Tim,
    you should do a lil write up on the wonders of day trading from being in your bath robe at work to an airport terminal and all the other crazy places you can call your office...might be a funny post...craziest place youve traded...maybe not I would just be interested to hear bout it
  • ViciousChicken
    To clarify the above, you are safe on your own laptop, just not on a public (ie, library) computer..
  • ViciousChicken
    Whether you're trading via software or web client, you are safe on a public networks due to the SSL encryption. DON'T ever use a public terminal unless you know how to check for keystroke loggers, and make sure there are no cameras with a view of the keyboard...
  • Andrew
    makes sense, thanks tim
  • PDO nice trade Tim, sometimes the airport terminal yield the best percentage gains lol
  • Roderic
    Hei Investors Live I saw your post on AWBC today.....What's your take on it right here?
  • timsykes
    i dunno, my old hedge fund setup had a vpn, now that i'm trading with $20k its not a big deal
  • Watch CAL for 17 breakout (not a penny stalking stock but a good trade if it breaks 17)
  • Andrew
    hey tim do you worry about security on internet connections, etc...? i've always been hesitant to use public internet to trade.
  • timsykes
    covered at $8.18, no0 like the big 5k buy block at 8.15 and bigger blocks at 8, 8.05 and 8.10, solid trade for a profit of $150ish made from the airport terminal! will have a detailed post later
  • manhack
    I bought in at 8.30 on your philosophy that this thing could still go higher. Tempted to sell when it hit 8.80 (shoulda woulda coulda). Started selling off around 8.60 and it started getting harder to get buyers. That's when you posted and I dumped the rest.

    The dark gift. That's what made me jump.
  • Dan-O
    I was in the middle of transferring over my account to TOS and 3 target prices flash on the screen. WTF!
  • timsykes
    good thing u sold, this is a perfect perfect breakdown, i'm already up 25 cents on my short even if the spread sux, 3rd day of a short squeeze induced runup inside of a larger 8 day run
  • manhack
    Thanks a lot Tim. I was making some money on the Long side of PDO today. Sold as soon as you posted. Made $200 today. oh well.
  • timsykes
    shorted 500 PDO at 8.48, liking the 15k sell order that just went through, breakdown of sideways price action, big blocks coming in from above, def. early in the game here, but shorts have been squeezed and this is just a small position, willing to add if it goes higher
  • ViciousChicken
    Yeah, I've got PDO reserved as well.. I'm having trouble understanding why my level 2 looks so much different than the Nasdaq book viewer. The book shows some pretty big buys at $8.10 and $8.00..
  • Dan-O
    EDEN is breaking down.
  • Happycamper
    Watch for FEED, it has shown weakness for the past three days, looking at the chart, it could tumble...and FEED shares are available to short today.
  • Max
    well, NXTM went right through my target

    oh well
  • timsykes
    PDO and MXC both reserved at thinkorswim, just in case they decide to be gradual afternoon faders
  • bdog
    FPP tasty lil prospect
  • ViciousChicken
    change that they're to a their. Damn I hate Mondays..
  • ViciousChicken
    Tim- you're right, the risk/reward does suck, but I still expect to see it finish the day around $7.

    I doubt I would have taken it even if Ameritrade had shares, but they're record with availability sucks so bad I generally check availability on ANYTHING I may be interested in..
  • timsykes
    john g and other naive PDO longs, your company is nothing special, its just the latest pump, if u'd done any research on my site, u'd see they ALWAYS come tumbling down, now its just a waiting game

    and why short SEED, its barely off its lows, risk reward sucks
  • V all day nice scalper

    SEED REAL NICE congrats to those who played
  • ViciousChicken
    Damn Ameritrade w/no SEED to short!
  • ViciousChicken
    Yeah, what is happening with SEED... Looks like it's starting to go sideways. Maybe a good short, but I'm weary of why there is such volume on no news..
  • Dan-O
    SEED looks like it hit resistance @ 7.55
  • Brewster
    SEED has been making a run all morning, look at the volume, wish I jumped in over night or right when the market opened. What is everybody's feel on it?
  • ViciousChicken
    VIJAI- This is the only news I can find.

    http://www.mbtmag.com/articleXml/LN782726191.html

    I still expect this jump to be short lived (probably fade in the afternoon). Not sure if there is enough potential gain for me to short on though..
  • VIJAI - moneyreallymatters.com
    VC, COIN does seems to be making a move up high. Going up 10% already.. Whats the news?
  • Max
    covered NXTM @ 6.22

    not enough weakness for me although I could see it dropping below 6 today or the next

    maybe after it gets through this 6.15-6.25 resistance
  • Dan-O
    I don't like the idea of shorting Oil, especially before a possible interest rate cut by the fed.

    My best guess is that a fed cut will have an inflationary effect on oil. I don't know what it will do to the companies in that sector (PDO), and I don't have to choose a outcome.

    If I do anything it will be after the Fed cut, and it will be with the trend.
  • monkiman
    PDO is stil worth having on watchlist, if it dips, it should be a good ride
  • Max
    excellent, bidders seem to be fleeing fast at signs of weakness (NXTM)
  • Max
    short 300 NXTM @ 6.36

    been watching this one for a while, looking to cover ~6.10
  • SDK
    You guys are crazy shorting PDO at this point. It's definitely has mucho steam left. Rather a buy than short at this point. Do some DD on this stock before shorting.
  • S Adams
    So i'm watching CNOA and also CNEH (oil play)
  • S Adams
    I know CNOA is a pos. but with SEED and FEED flying traders are going to look for an alternate.
  • ViciousChicken
    COIN is on the move again...
  • VIJAI - moneyreallymatters.com
    VC, you may be right. I been watching it since last week. Its in my watch list.
  • manhack
    PDO...need to let that one cool off. It has the possiblity for much, much more.
  • ViciousChicken
    DGLY it ain't got no alibi (sorry, had to). Huge spike, but should come back down today. No huge potential right now, but it's worth keeping an eye on for after earnings on Wednesday.
  • cacaosteve
    PDO ready to short? I was at about 8.35x8.60 now 8.20x8.25.
  • John G
    PDO - left $1720 on the table so far for being a shot sighted hot air machine that can't recognize sustained momentum in a hot sector if it bites you in your azz - shame shame, shoulda gone long. Enjoy that $20 profit though! For all those that would rather make $20 over $1700, Timmy's your man.
  • Keith E
    Just shorted PGNX @ 13.00, lets see how far they will take it down.
  • Johnny
    You should check out GRIN. Its up 174% or so.
  • wujo
    PEIX?
  • Daniel
    anyone lookin at NT
  • Aegir
    This picture, is it from Iceland?
  • Tony Ellis
    Keep an eye on GTE.
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