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8 Hot Stocks Be Like Ooh Aah Ooh Aah

Posted by timothysykes on Thu 12th of Jun, 2008 09:04:34 AM

It’s times like these that make me say, shorts if you see strength please get squeezed my way…oooh aaah

FRBK is a great spiker, but it’s a bank play with financing news…blehhh, I prefer pump and dumps, maybe try to scalp this, but I can’t recommend that, you might just get squeezed

LAUD My post accidentally called the exact top on this yesterday, I even tried shorting it, but it dropped too quickly for me to get executed…wasn’t aggressive enough, STXX was the one on which I was aggressive, I chose poorly, but then again, if Osama bin SEC wasn’t involved, I wouldn’t have to choose, I could play both!

ESIC is the latest Superman pick…respect his streak, you don’t send in a rookie in the bottom of the 9th with 2 outs and expect him to breakup a no hitter. That, in a nutshell, is what ESIC is.

SORC isn’t up enough to even consider a short, see my trade yesterday on STXX, I took quick losses, many shorts aren’t that smart and that opens the door to bigtime squeezes

MYEC holding up rather well…for a fraud! Hehehehe frauds are fun, and they’re dumb, but so are you if you expect it to stop the run just cuz you might be soaking up the rays in the short selling sun…understand? Yah, I thought so

STXX, Oh you know I’m prayin’ for a short squeeze, I pray every night and day, well 1 night, and half a day…took a $250 loss yesterday shorting 1000 shares into strength at $4, going for a quick reversal…never got it, good loss management, c’mon big spiker to give me an entry over $5!

PGOG Longs don’t stop believin’

FORC who wants a fraud sandwich? Longs are loving its surprisingly strong aftertaste, it just keep going and going, one day it will go pop, but might it go vertical first?

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  • PGOG:

    Item 3.02 Unregistered Sales of Equity Securities.

    On June 6, 2008, the Board approved a consulting agreement with an investor relations firm, Euro Invest News, Inc. ("Euro Invest"), Euro Invest shall provide investor relations consulting services for a period of six months. The Company has paid Euro Invest $487,500 for consulting services and may pay Euro Invest up to $750,000 plus out-of-pocket expenses pursuant to the consulting agreement. The Company has an outstanding commitment under the consulting agreement to issue up to 750,000 shares of its common stock to Euro Invest or its assigns.

    http://biz.yahoo.com/e/080612/pgog.ob8-k.html

    LOL
  • Rambone
    Long PEIX at 2.26. Too much of a drop.
  • Mark
    Anybody following HYHY? It's down slightly at the moment. If it goes down one more cent, it may be time to pounce on it.
  • sniper6
    MIT, loving SHFL, next PTEK! Playing it both up and down.
  • trader@MIT
    Covering at 7.39, picked up a hundred or so.
  • Rambone
    trader@MIT,

    Nice work on your STXX short.
  • sniper6
    Oh boy, XNL (bush league PEIX) moving up, gaining volume same time as PEIX is shitting the bathtub. Watch for the afternoon fade...
  • trader@MIT
    Looking for a 3% fade
  • trader@MIT
    short shfl at 7.48
  • sniper6
    I am definitely long on some PGOG action. That does, uh, mean "Provocative Girl- On- Girl", right???? 8>)
  • DaBear
    WoW 13th,!

    Thats very ipmresive!
  • trader@MIT
    Yep I missed the 7.35 bid perfect entry on FRBK
  • trader@MIT
    Mike, is that on thelion.com?
  • Mike_13th
    Like I said here last night:

    my take on STXX.
    (Jun 11-12:05) 13th_FLOOR: big pop STXX
    (Jun 11-12:16) johnnyvento: you in 13th or just see
    (Jun 11-12:23) benbien: i saw STXX while it was at 2.80, didn
  • trader@MIT
    .50 spread on FRBK, damn we probably missed the entry point
  • trader@MIT
    STXX is bullish, anyone want to ride it back up?
  • No PGOG to short at TOS...
  • Davey
    Exactly what I was looking at MIT, FRBK doesn't look like it's going to have its first down day, but it wasn't up that much anyway. Hopefully they can get up some more.
  • trader@MIT
    Big move on FRBK, short is developing.
  • Mike_13th
    Mike_13th

    June 10th, 2008 at 10:40 pm

    got PNGB today 8 page pump.( next Nike it said,ha )
    Looks like crap,if they can run this i
  • trader@MIT
    Tips on the trade...
    I held because:
    1) Stock was a complete joke, perfect pump through paid mailers
    2) The rise without volume indicated a squeeze
    3) The spread never really closed, and the ask always favored the ticker. With a set-up like this, when the bid is .20 below the ticker, it's difficult for the price to go up.
    4) Why I sold...Spread reversal....now the ask is about .30 above the ticker while the bid is just at the ticker. Looked like a bullish sign to me
  • trader@MIT
    Out of STXX at 3.85, check this forum for a walk through of the trade.
    1) Followed Tim's entry at 5.35 with 3500 shares
    2) Covered at 3.85 for a 38.96% profit of $5250 in just 2 hours.

    Perfect PennyStocking move, with results that can only come with this style.
  • Kris
    wait...i can answer that....lol
  • Kris
    Jeff...averaging up? shorting MBI? right
  • Neal
    THAT was a beautiful breakdown... grats to MIT who had the balls to hold
  • balls...or just plain nuts...
    stxx.....cnex all over again!?!
  • Adam
    STXX.....
  • Rambone
    Adding DSL short at 5.45. The news is fluff for the reason all financials are up and the market will tank by end of day.
  • trader@MIT
    3.52 on the ticker, this might be it
  • Tony Ellis
    Nice Job Trader! Makes my trade look completely Busch League.
  • lmsmith
    STXX in the 3s now- I am kicking myself
  • JeffMoates
    MBI soooooooo wants to break down...averaged up at 5.93 1000 shares
  • trader@MIT
    4.05 on STXX, still holding
  • Kris
    sweet Trader!
  • Rambone
    Pay attention to the 6 mark on MBI. It's resistance and if it cracks it again today it's going to spike higher. I put my cover mark at 6.10 for a little

    Shorting DSL here at 5.25. Another junk financial.
  • Davey
    Excellent MIT, you might get even more if it goes negative.
  • trader@MIT
    4.35, exactly a dollar gain on STXX
  • trader@MIT
    MBI hits 5.95, now we just need the bears.
  • brent
    nice little triangle working on 5min ROYL
  • trader@MIT
    @Rambone...GS has plenty of strength and merrill is showing a reversal right now. Be careful. If BB turn around, we're going to see a rise.
  • trader@MIT
    Tempting to cover STXX at 4.46, holding out til indicators strengthen though.
  • Al
    MBI lol
  • trader@MIT
    MBI looks good to me if it hits 5.95
  • JeffMoates
    2000 short MBI at 5.84, lets see a nice fade
  • Rambone
    Financials have plenty of downside left. Morgan Stanley made a statement that worst is over this morning so this is why you see financials flying. Always do the reverse of what the analysts say.
  • Adam
    davey, thanks valuable lesson today, used 4 trades tho but at least i didnt get ruined by it... just sucks bc timing was perfect and would have made some money
  • JeffMoates
    I like the MBI short here. Thinking of getting in with 2000 shares.
  • trader@MIT
    @JEff, not yet.
  • brent
    yea, davey, i am trying to decide between FRBK and ROYL
  • Adam
    jeff - i'll keep my eye on it for this afternoon but imagine it will go sideways for a while yet, no reason why it shouldnt in theory hit 4, only question is will it be today.


    CRDC im still watching, it breaks 9.60 im in, profited nicly on it yesterday
  • Davey
    Guys don't forget about FRBK which is having it's first down day, might be a good short into the close.
  • trader@MIT
    The comment was made just as AAPl was in the mid 175.xx range and still very bearish. It would have been safe move with a large amount to pick up a quick few hundred.
  • Rambone
    Short MBI at 5.90. These are going to end the day in the red. Have a 6.10 stop in case it retests the highs.
  • JeffMoates
    Anybody going back long on STXX at this point?
  • Davey
    Don't feel bad Adam that happened to me on PTEK, I got partially filled and didn't realize and ended up buying back shares on top of what I covered. It caused a margin call but I resolved it. Just gotta make sure you got filled when you use a limit order.
  • Good luck with AAPL busting 175. This is a retest of the lows, now time to retest those highs.
  • Adam
    jesus what a mess. shorted 100 @ 4.84, 10 went thru, covered what i thought was 100 @ 4.52, actually covered 10 then bought 90 @ 4.52 sold at 4.47, lost 2.10 total after being up 32.... remaining 90 working shorts got canceled.... ekk what a waste of a trade
  • brent
    should i tie up my last "pattern" trade with ss on ROYL?
  • sniper6
    missed action all this week, just catching up on posts now. Looks like SOMEBODY didn't do their homework on LEH, although it is a failing POS company it is no longer LEH, it is WDG.
  • Adam
    TOS roally F'd me on STXX shorted 10 shares vs 100, so i covered 100, close 10 and purchase 90 nice real nice.... took a year to fix that shit how they have 90 shorts still working but i cant see them
  • trader@MIT
    Still no real bulls on STXX
  • trader@MIT
    haha
  • working on the blog post title for this trade :

    One Of The Worst Trades Of My Life & I Still Profit Solidly: Behold PennyStocking!
  • trader@MIT
    4.43 on STXX....
  • trader@MIT
    The run on STXX looks to be about done
  • trader@MIT
    watch for AAPL to bust through stops at 175
  • trader@MIT
    4.53, waiting for the ask to close
  • lmsmith
    The stocks is going down--- bad enty on my part...
  • mitil
    sorc is not moving!! and i need to get to work..damn...i have a stop loss at 1.70...any recommendation?
  • trader@MIT
    I think I'm about done though
  • trader@MIT
    Technical Analysis prevails, ticking at 4.65
  • Webster
    Thanks Trader. Nice call
  • trader@MIT
    Gotta love electronic brokers, ignorant investors, and paid mailings
  • balls...or just plain nuts...
    sold my shares of royl first thing at 9.05, held from yesterday at 8.23...looks like I missed that high today at 9.25..boo hoo, as Tim would say. i needed the buying power for my stxx short anyway.
  • trader@MIT
    Indeed, another .10 drop in the ask
  • out at 4.98ish, as usuall screwed my entry and my exit and still made $700...advantage PennyStocking
  • trader@MIT
    All technical indicators say this stock is going lower that 4.97.
  • Webster
    Looking at the large spread of STXX on level ii? Would this be a good point to ride that back up?
  • Tony Ellis
    Correction-.32 gain on STXX, 5.17-4.85
  • brent
    anyone still looking at royl.
  • Tony Ellis
    Covered at 4.85 nice .50 gain for a few intense minutes of trading...lol
  • balls...or just plain nuts...
    Tim was right, if you catch a stock with big downward movement, even bad timing can make easy money!
  • lmsmith
    This thing is just to rocky for me to hold on too the short longer- If I had got my ideal entry point around 5.70, I would still be holding.....good luck to all who are still in.
  • trader@MIT
    Next time, try and wait for the spread to tighten. The bid was about .20 under 5, while the ask was a few pennies above the ticker price.
  • balls...or just plain nuts...
    damn! its drying up fast, bids at 4.80! thing is dropping faster than i can type!
  • lmsmith
    From the late shares I borrowed at 5.20- I am out 4.86
  • balls...or just plain nuts...
    shorted stxx 5.25 covered 5.10 not excellent, but $100 in 30 minutes is the best pay check i ever got!
  • Webster
    Congrats to all in STXX. Was not able to get any at 8:30 this morning when I was trying to reserve. There she goes!
  • trader@MIT
    Yes, there were plenty
  • trader@MIT
    Hopefully tons of stops at 5.000 on STXX
  • lmsmith
    TOS- I am still a new-be..... thanks to all
  • Adam
    Ryan nice!

    sometimes you get a SLOWWWWWW guy at TOS, never ask them to execute somethng for you, just borrow it and do it yourself
  • trader@MIT
    When was the bid 5.80?
  • Ryan
    Shorted STXX at $5.80, exiting at $5.00
  • balls...or just plain nuts...
    some guy named nickt on tos is slower than the infamous slow-joe you mentioned! confirmed my shares to short when stxx was at 5.85 but was way to slow for me to catch that price, back to 5.4 now!
  • risky but i doubled up at 5.30, i jsut cant take being under the 25k rules any longer, gotta get this show on the road
  • trader@MIT
    Tim, how is level 2 looking on STXX. Did we just get some big block shorts?
  • Gabriel
    How much higher is it gonna go????
  • Adam
    lmsmith, pull up a chat window and ask them, they'll hook it up if they can
  • trader@MIT
    Volume is drying up quickly on STXX
  • Gabriel
    Tim, What u think bout shorting hdlm?
  • Zykosis
    well i mean a pennystocking student buy that. knowing it's a squeeze. but, even if it is a squeeze, there's not a lot of volume behind it, and it's a weird looking chart to put faith in a breakout.
  • trader@MIT
    They automatically reject anything that says 'hard to borrow.' It does not mean there are no shares though.
  • yah u shoulda woulda coulda bought this STXX breakout, but i'm just a tubborn short seller....got another 1000 shares reserved lmsmith, u gotta ask em!
  • lmsmith
    STXX---I keep getting rejected- on TOS, I guess no shares
  • trader@MIT
    I would have liked to double my position at 5.90, but by the time the Trade Desk returned from their bathroom break it'd be trading at 5.00
  • Zykosis
    should you buy that breakout? just seems like there's no enough volume to play that either way, and the spread is scary.
  • big block sells/shorts on the ask on STXX means somebody think its gonna go down big
  • S Adams
    I was talking this morning from morning high to low. BZP pulled back a lot too. STXX is the only one going up right now.
  • latest lesson on why u gotta wait til the afternoon to short. learn all!
  • trader@MIT
    STXX, no not yet. The stock is shit, it looks like a squeeze play to me
  • lmsmith
    STXX----- humm....... the squeeze guys....
  • Zykosis
    MIT out?
  • athough it woulda been a nice cover for 35 cents at 5...damn sEC rules, afraid i wouldnt be able to get back in
  • Al
    STXX breaking out
  • lol STX has NOTHING to do with MXC and ROYL...it depends on how many emails were sent out
  • JeffMoates
    Bought 1000 ESIC @ 3.91
  • trader@MIT
    When did they pull back? Yesterday, only after the crude numbers came out?
  • S Adams
    STXX should pull back seeing MXC and ROYL did
  • trader@MIT
    STXX is going to hell
  • trader@MIT
    Shorted FRBK near 7.00 as well, I'll have to check the bid on that order. It wasn't too far off.
  • trader@MIT
    I shorted 3500 at 4.35 as well, when the spread closed
    Hopefully we don't get squeeezed timmay
  • lmsmith
    Damn----- should have acted on SORC- and bought in at 1.76 10 min ago- now it's above 2
  • SHORTED 1000 STXX AT 5.35
  • JeffMoates
    haha, good for you Tony. Ride it further than I did.
  • JeffMoates
    And of course it gaps up even further immediately after my sell order. Oh well... Time to start looking for a good short entry to it.
  • Tony Ellis
    Jeff looks like you sold me your shares
  • Tony Ellis
    Short 1400 STXX @ 5.17...little early
  • JeffMoates
    Out at $5.17 for a $650 (14.44% Return) in 7 minutes! Nice!
  • lmsmith
    Gosh--- knowing these stocks will gap up- why not be on the long side......stxx is taking off
  • JeffMoates
    Bought 1000 shares of STXX at 4.50 after hours last night. Give Tim and entry over 5!!!!
  • Tony Ellis
    GETG.PK is getting a little hype behind it.
  • lmsmith
    STXX---- I have my eyes on this one....

    SORC, I have it as a buy for now- but I have not acted....
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