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7 Stocks To Watch: A Few Good Breakouts, No Good Shorts…Yet

Posted by timothysykes on Fri 27th of Jun, 2008 09:21:13 AM

The low priced breakout/breakdown game aka PennyStocking is slow right, but not completely dead…in this list I count at least 4 perfectly predictable 50 cent-$1/share opportunities…nothing truly ideal, but you gotta be on your game, no hesitation allowed, watch ‘em all cuz that’ll give you an advantage over everyone who’s too lazy/incompetent to do that.

JUHL

This was one to be bought before the close, I wasn’t comfortable, but that’s just me. Most people were uncomfortable buying a stock with such a wide spread too, kinda LAUD-like…do whatever you’re most comfortable doing…I’m definitely gonna try to reserve shares of this one to short each day until it dips or tanks.

URRE
I hesitated on the morning dip, but this thing is bouncy—reserve share just in case you wanna scalp it, but that’s dangerous…I dunno about this one taking a big fall, could be setting up for a squeeze as this has been consolidating, not fading.

CHQ and HUSA
Both broke out bigtime…easily predictable for 50 cents-$1 gains…how the f$#@ did we all miss these? Somehow they got deleted from my watchlist as I said watch for a CHQ breakout all the way back 2 weeks ago..uhhhhhhh what an amateur mistake! My apologies to all of you, I’ll be better, I promise.

IDAE

Manipulation is goooood, even now it just continues higher, risier each day though as its gone vertical…definitely reserve shares to short

ABAT & VLNC
Two battery stocks breaking out…listen to this friggin moron ANALyst’s take on VLNC:

In a phone interview, Wm Smith and Co. analyst Ed Einboden said the stock’s rise “could correlate with the move in the price of oil and higher focus toward renewable energy.”

Thank you Captain Obvious! And that my friends is why finance is a joke.

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Tags: ,

  • Tim come post at this board! dont bother with thelion.com!
  • I hear ya AdamN, I hear ya!
  • Tony Ellis
    Rambone...I haven't made any recommendations. Just stocks I'm watching today. They could breakout or not. I'm just watching. KRU would have been a good buy at $6 but it's a guessing game now.
  • Wes
    Anyone been able to reserve shares of JUHL? I'm kicking myself for not going long....but what goes up, must come down (sometimes)!
  • Rambone
    Tony gives us a supernova and none of us buy it. On the count of 3 everyone bang their heads on the wall. We all do know the stock is going to 10.
  • sniper6
    except this- DJIA 11000 next week
  • AdamN
    $350 profit in 90 minutes this morning!

    Bought VRNM 1000 @ $2.01, sold for $2.17. $160 profit.
    Bought JUHL 1000 @ $4.31, sold for $4.50. $190 profit.

    I have been trading for a little over a week now after watching Tim's DVD. I have had 4 up days and 4 down days now. Overall I am now up $382 or 5% from my starting position due to Tim's methods of keeping your losses small and taking profits when you have them. I am still new to pennystocks and have a lot to learn, but so far the biggest challenge is just staying disciplined.
  • sniper6
    sshhh smitty- no talking about the housing sector. I personally am not talking on this site any more about popular topics 8>)
  • Tony Ellis
    Wes just one.
  • lmsmith
    I am short 17.08 KBH ~> may be late to the party- but this stock still has some more sinking to do.
  • Wes
    If I place an order for 1,000 shares and it take 2 blocks to fill it (100 and 900 shares), then I sell those 1,000 shares in the same day......does that count as 2 same day trades or just 1?
  • Tony Ellis
    KRU another nice breakout missed! Damn too many to watch
  • Rambone
    GNTA another good looking 5 day chart close to resistance. Biotech at .38
  • Thanks for the reminder Tony! I get too excited!!!
  • Tony Ellis
    CNEH another one to watch. I'm going to wait until afternoon to buy, I hate morning breakouts
  • Anyone watching NCEY? Potential Supernova???
  • I'm just watching today
  • BPG Anyone?
  • Rambone
    HYGS taking out 1.40 resistance trading at 1.45. Closing in on 52 week high. Not a JUHL play but a good multi-day hold.
  • Rambone
    CPTC looks like it's at the 1.15 resistance. Heavy volume
  • Adam
    ARNA trying to build a supernova but its up on news
  • lmsmith
    maybe not..
  • short shot
    URRE Smak it
  • lmsmith
    HUSA easy short--- at 10.79 but I didn't pull the trigger.... ohh well
  • Tony Ellis
    Keep BDCO on watch for later. I don't like the volume this morning but maybe this afternoon could look better.
  • Tony Ellis
    We got to have a new rule: Always buy reverse merger BB wind energy stocks when they trade 1 MIllion shares the first day!
  • lmsmith
    Out of Royl $13.48-- I know, I said I will hold until July- but Screw that, I want my profit now :)
  • yah they did...nice continuation on ABAT, HUSA, JUHL, CHQ this morning....uhhhh friggin breakouts
  • Reaper
    Citron Research disparaged VLNC a month or two ago:
    http://www.citronresearch.com/index.php/2008/04...
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