Should I have stayed short KYUS over the weekend? I left because there might be trouble (weekend mailers?), but if I stayed it would be double (me a part of the potential short squeeze)…nah good decision to take profits…got my shares reserved to get back in today if it starts fadin’…lately spam stocks haven’t been collapsing like they should and I don’t have the capital to stick around…no I don’t, I’m just a no-class beat down fool and I will always be that way, I might as well enjoy my small gains and teach you readers to play!
UPDATE: Damn I know these shady companies right, fearful of a large drop in price, they had a fluffy PR pre-market this morning, seriously, this game is that corrupt
XRM and ENT have both spiked quickly, but both had solid earnings reports so don’t be so quick to short them as they’ll probly only fade, not collapse like those that spike due to hype and paid-for promotion…and in the meantime they’ll squeeze naïve short sellers who don’t know the difference…oh yes not all chart patterns are not created equally, welcome to why PennyStocking is different from all other market niches, it’s corruption baby, when there’s no corruption, there’s less reversibility
CPSL had a bigtime earnings spike, with volume of 20mil shares…last time this happened was last September when it spiked from $4 to $12…those with balls bough late Friday for probable Monday morning gap, let’s see how far this one goes, remember patterns evolve and other than one quick dip last spike, it stayed up in the clouds for over a month…
MMGW is an illiquid sucker that after some nice low volume/hard to take advantage of for big profits from the short side consolidation is right back to its old highs…can it breakout?
With PDO, you just gotta let it be, let it be, this one’s good for scalping only, so let it be. Let it be, let it be, oh let it be, this one’s good for scalping only, let be.
With MXC, you just gotta let it be, let it be, this one’s good for scalping only, so let it be. Let it be, let it be, oh let it be, this one’s good for scalping only, let be.
Neither of these stocks are gonna collapse in a heartbeat, for similar Supernova charts, scroll down HERE and take a look at IPIX…that went to $28 and it was based on hype, not commodity prices…most of you weren’t around back for the Y2K plays that went from like $5 to $90 within a few weeks, not probable here but these are two illiquid bastards, so don’t be too aggressive
LBAS is a good old manipulated fraud…remember their blatantly manipulated chart a while back? It’s baaaaaaaack! Like fellow spammers HYBR and MXFD, its’ going higher, squeezing the shorts who bet on long-term frauds…see why I get out so quickly?
CDY is one where you just sit back and look at its pretty chart…it’ll be a short eventually, but not today
Despite being in totally different fields, FPP is uhhh the same as CDY?!?!? Am I right or am I right? Or am I right?
RCH is a play on which I’ve said it once, I’ll say it again—sure they’re sketchy as all hell, but you don’t short just for sketchy-sake…those who do get squeezed…good news is there a great volume fade and sideways price action s Monday could be the dip day
KUN is another sketchy AMEX play that did dip/go negative on its third up day—probly cuz it ain’t got no news to support itself…normally I’d short into the close on the first down day, but I don’t like how well it rebounded off its morning lows, the fact that it’s an AMEX play and I was a bit concerned with my buying power…we’ll see if the pattern holds true and my worrying is all for nothing, gotta take out $4.40 which is a long way to go
Posted in Breakouts, Hot Stocks, Patience, Patterns To Buy, Potential Plays, Supernovas