10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory
Seeing all the soulless scumbags around me, I can’t help but feel like this guy…name the movie!
LGDI.OB agri is so hot right now, great fluffy PR this morning, this is a solid pump—probly created by those who got cheap shares as disclosed in THIS toxic SEC filing just a few days ago…chart reminds me of NCEN from a few weeks ago—which dropped 40% off its highs, but patterns evolve (that’s right, you can’t just memorize patterns and then trade—you’ll get your ass handed to you, you actually gotta understand the variables that align to create them so you can ADAPT to change, as detailed in my instructional DVD PennyStocking) (welcome to why this niche is different from all others aka my publishing business model)
SUNV.OB Not enough time in the day to explain everything wrong with this company, its all just exemplified by this blatantly misleading press release, an interview for which they paid, no different from the half dozen mentions HERE for which the pumpers paid
CPHI.OB First day breakout on earnings, bigtime resistance everywhere, let’s see what its got
CEGE Former 2-day spiker has now broken out on a gradual rise, now do you understand what I mean when I say its all about the price action ie. the same company can display 2 totally different patterns that you gotta play totally differently
VSCI Another gradual riser
UFPT What’s that you say—a perfect W breakout formation pattern right near the highs? Looks that way
HDY Repeat after me: I will not short surging penny stocks that have dipped and rebounded, I will not short surging penny stocks that have dipped and rebounded, I will not short surging penny stocks that have dipped and rebounded
GETG.PK Great spiker, too bad, it all happened in the last 3 minutes Friday on little volume aka it’s just a misprint
CVSC.PK Awwww, look what happened to our friend the fraud, poor you!
CAGC.OB Inevitably the same outcome for this company that pays to get pumped
BSHF.OB An eternity in sub 10 cent/share hell awaits this spamming operation
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 23 | MKTY | $4.73 | $5.40 | $187 |
| July 22 | MKTY | $4.10 | $4.28 | $240 |
| July 21 | ZYXI | $3.03 | $3.18 | $130 |
| July 15 | MNLU | $6.37 | $6.73 | $340 |
| July 11 | IDAE | $2.27 | $2.49 | $630 |
| July 8 | ERII | $11.29 | $11.00 | $162 |
| July 3 | TGC | $2.14 | $2.39 | $471 |
| July 2 | HYGS | $2.15 | $2.29 | $260 |
| July 2 | TGC | $3.44 | $3.49 | $80 |
Total: $22,457 (
81%)
1YngvaiMalmsteve(TIMBUCKS: $478)
May 5th, 2008 at 8:54 am
I’m long on CPHI
2Joseph
May 5th, 2008 at 9:01 am
CONSTANTINE. The guy walking is Keanu Reeves
3InvestorLive(TIMBUCKS: $6)
May 5th, 2008 at 9:11 am
“You cannot short sell OTCBB securities,” says TD-Ameritrade and Scottrade to short LGDI,even if I want to short, when and if LGDI reaches thier limit of minimum $5 or higher.
4timothysykes
May 5th, 2008 at 9:16 am
they should say “You cannot short sell OTCBB securities HERE and thats why where cheaper!”
people looooove saving $2-$5/trade in commissions and miss out on thousands of dollars in easy gains
5bullpicks6
May 5th, 2008 at 9:17 am
I like LGDI reminds me a lot of COIN when it began it’s run months ago
6Davey(TIMBUCKS: $194)
May 5th, 2008 at 9:22 am
Yea I’ve got 1k reserved of LGDI at TOS, but it’s gapping so gotta wait to see the “white of their eyes”
7Davey(TIMBUCKS: $194)
May 5th, 2008 at 9:44 am
Looks like we have a supernova forming here with LGDI, just gotta let it do its thing first.
8timothysykes
May 5th, 2008 at 9:47 am
short 1,000 LGDI at $4.62, nice entry, will build my position if it spikes
9bullpicks6
May 5th, 2008 at 9:48 am
I think you guys who are short LGDI here will be fine, but i don’t think it’s turning yet, being on the long side I’m looking to sell over $5; bought under $4
10Andrew
May 5th, 2008 at 9:53 am
I’m in there with you tim 800 at 4.73
11timothysykes
May 5th, 2008 at 9:58 am
lack of discipline, really gotta wait til the afternoon
12jj(TIMBUCKS: $76)
May 5th, 2008 at 10:00 am
yahoo’s dropping…going to get another free book today!
13investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:05 am
What is so fun about impersonating my name? Is it really neceesary
InvestorLive(TIMBUCKS: $2)
May 5th, 2008 at 9:11 am
“You cannot short sell OTCBB securities,” says TD-Ameritrade and Scottrade to short LGDI,even if I want to short, when and if LGDI reaches thier limit of minimum $5 or higher.
14manhack
May 5th, 2008 at 10:05 am
I have LGDI reserved…still haven’t put the final order through…thank goodness.
15jj(TIMBUCKS: $76)
May 5th, 2008 at 10:06 am
well LGDI’s at $5 right now so you should be fine if you act quick.
16bullpicks6
May 5th, 2008 at 10:10 am
Got my sell in at $5; good luck shorts, I’ve enjoyed my profit! Have fun!
17jj(TIMBUCKS: $76)
May 5th, 2008 at 10:10 am
sorry, that’s why you should use TOS…
18InvestorLive(TIMBUCKS: $6)
May 5th, 2008 at 10:10 am
You want it? You can have it:)
19Andrew
May 5th, 2008 at 10:12 am
Tim agreed probably should have waited a little. I added 400 more at 4.87. Looks like its pooping now.
20investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:13 am
GETG wow, although yes the move was in the last 15 minutes Friday, look at the volume already … took 30 minutes for it to fall on semi-big volume …. OUCH to all the Monday buyers
thats what you call suckers
21investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:16 am
LGDI appears much stronger, keep in mind 1 mil shares is about $4.5 million bucks, so a big money play, once it starts to spread and spike .05-.10 at a time is when you want to think about going on the opposite side - lets see if it can break $5 again
22investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:20 am
no tricks, im surprised they didn’t try to trap shorts.. then again its rather expensive to support up here…
$4.80s about to drop
23Adam
May 5th, 2008 at 10:20 am
Tim are we currently in the sideways price action w/ LGDI that you talk about in your dvd? (between 4.80-4.90)?
24Ben Bien
May 5th, 2008 at 10:21 am
MGI randomly spiking RIGHT NOW (7AM PAC./10AM EST.) on no news besides its earnings release date, might be a strong spike so as Tim would say “Avoid”, but could be good for a quick gain within the day, it is fading off its high of $2.04. Check it out!
25bullpicks6
May 5th, 2008 at 10:21 am
you can feel LGDI about to tumble here…
26Andrew
May 5th, 2008 at 10:25 am
Investorslive I agree that big money can mean there could be more money to come and potential support but monkeys throwing darts at a newspaper are more successful than at least 70% of these guys. Also on 2 day chart from the run from 4 to 4.80 looks like the buying you were talking about. I definitely was too early in the morning, but I’m liking this action. Time will tell I guess.
27Adam
May 5th, 2008 at 10:25 am
I cant get any shares boo!
28investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:33 am
Don’t get me wrong.. this will end up in the gutter I’m sure and Tim will have a nice stockchart of the BIG RED candle that I’m expecting… BUT.. they shook it at 4.75-4.80 and there weren’t many sellers… $5 break is the real test again… if it doesn’t break then its fair game for lower… but as long as it holds $4.80 to 4.90 support this may consolidate all day just south of $5,… looks like their ego’s want it above $5 and they’ll fight for it to get there.. if they fail .. see you at $4
29timothysykes
May 5th, 2008 at 10:34 am
adam no where near sideways price action–i thought it’d just be a big morning spike ad then a 50 cent retrace…wrong about that, this is my lack of patience that i talk about in the dvd-normally it wouldnt matter so much as i’d just cut my losses and re-enter but with this damn pattern day trading rule, i gotta be perfect in my entry
30investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:39 am
now BMIC has joined ask.. our beloved shorter… lets see if they can break through $4.80 level as we approach nearly $8million traded
31timothysykes
May 5th, 2008 at 10:43 am
now theres some nice fading action, just too any sellers, can’t support a $700mil+ marketcap, added 500 shares at $4.78, total average now $4.67
32sonid
May 5th, 2008 at 10:43 am
Tim, it looks as though 4.70 is about our support area. If we can get a crack of that then we should potentially see at least a 50 cent tumble. But for now it has been holding very well. touching down there 3 times and moving away from it. I set my short real high to be careful and to reserve the shares.\
33Davey(TIMBUCKS: $194)
May 5th, 2008 at 10:46 am
Yea it’s showing some weakness now on fading volume…short 1K at 4.66
34cacaosteve(TIMBUCKS: $25)
May 5th, 2008 at 10:48 am
What’s your exit point on LGDI, Tim?
35burky(TIMBUCKS: $29)
May 5th, 2008 at 10:49 am
Damn, I missed it. I can’t change my order with TOS. Changed with the trade desk via chat once but again just missed … now working with tech support … arghhh!
36bullpicks6
May 5th, 2008 at 10:49 am
LGDI TIMMMBERRRR!!!
37investorslive(TIMBUCKS: $162)
May 5th, 2008 at 10:50 am
And we’re offff
38timothysykes
May 5th, 2008 at 10:50 am
awww yeah we goin for a ride now!
39timothysykes
May 5th, 2008 at 10:51 am
or not, holding up well, remember its still up nicely on the day, we’re waaaay early in this pattern
40Andrew
May 5th, 2008 at 10:58 am
that’s a pretty beautiful double top on the 5 day though
41sonid
May 5th, 2008 at 10:58 am
its holding up but it looks as if the struggle to gain any momentum will push it lower and we will be in for a win. it bounced off of 4.70 but now we’re below that so little by little. Whats your exit?
42YngvaiMalmsteve(TIMBUCKS: $478)
May 5th, 2008 at 11:00 am
Well I made a nice little $112 profit on LGDI on the way up. Tried to catch it now on the way down but no shares available to short.
43Davey(TIMBUCKS: $194)
May 5th, 2008 at 11:00 am
There she goes…She’s coming back to earth
44sonid
May 5th, 2008 at 11:01 am
nice fade action
45timothysykes
May 5th, 2008 at 11:04 am
god damn how great is this game?
46Andrew
May 5th, 2008 at 11:06 am
pretty sweet
47Davey(TIMBUCKS: $194)
May 5th, 2008 at 11:07 am
LOl yea baby…huge retrace
48Goose(TIMBUCKS: $34)
May 5th, 2008 at 11:07 am
Nice play guys… No shares to short :( Boo…
49sonid
May 5th, 2008 at 11:08 am
this game is so much fun when we’re right