So everyone in the microcrap space is whining about how boring it was out there yesterday—not enough big movers nor is there enough big volume. Hey, deal with it you lil bitches! Hot stocks come and go, market environments change, sometimes there’s just nothing to play…remember, this ain’t the real trading world like Forex or RIMM/AAPL, there’s not always gonna be something volatile/liquid enough to merit a trade…sometimes there’s just scalps…and as PennyStocking DVD students know, now is the time to just sit and wait for ideal trading opportunities to present themselves. So don’t be afraid to go outside and get a tan…if you’ve been profiting like you should, you can afford a few days off.
The good news is that unlike the rest of Wall Street, the summer isn’t necessarily slow as stocks can often become quite volatile with the right amount of manipulation/lack of volume…here are some potential plays, nothing ideal, but then again, ideal plays like we’ve been having are very rare…don’t get spoiled:
MYEC is a DoublingStocks.com pick, let’s see if anybody can get any borrows to short this pig
ROYL did a financing at lower prices, but spikes, then fell…damn this stock moves like a real company, blehhhh, filling the gap sooo slowly
PCYC had a weak continuation rally…boooooooooooo
ULGX vertical alert, vertical alert, won’t collapse quickly
HEPH is another vertical stock chart, although its retraced a bit already–why won’t any of these piggie fly past $5 so they’d be really worthwhile!
FLMP has gone vertical, god love ‘em for it, didn’t even slow down last time it went up a lot, it just went horizontal, let’s see what happens this time around
SOIS this was a potential short on its first down day, but I hate trying to squeeze a bigger drop on stocks up less than $1/share, the bounce shows you why
TAMO wants to breakout, it’s sooooo close, watch it
SLAT is a tried and true spammer, how much further can it go before its time comes, anybody find shares to short?
LGDI had a bigtime breakout, if I wasn’t filming all day today for LiveStock, I’d probly have bought some before the close yesterday for a probable easy 25 cents/share
Posted in Hot Stocks, Potential Plays