ZYXI is one in which I’m extremely comfortable being short 1,000 shares at $3.18 cuz as I told TIMalert subscribers (who also managed to grab 99% of the shares available to short), I’ll either get a morning panic or gradual fade over the next few days as is foretold to me by God. Yes, that’s right, God came down and showed me their quarterly report containing quotes like “We plan to increase our penetration of the standard electrotherapy market by further expanding our sales organization and broadening our product offering” and this gem: “For this reason we may raise additional capital through debt or equity financing in 2008.” which added together makes it rather obvious that this company is gonna dilute their stock sooner rather than later—no different than a million other piece of microcraps raising money like Agfeed Industries (FEED) (remember that blog post?) (look at that chart and tell me it’s not ZYXI..PS FEED is 40% lower now)—and this runup is likely orchestrated by those in on that deal. Yes, God, I love this corrupt microcrap financing game, keeps companies like RedChip aka RedSh%& in business LOL
WSCI turned out to be good for a 50 cent morning tan yesterday, I hesitated and missed out, just never really looked ideal, although it was a high percentage short off the failure to crack resistance at $10…expect further weakness, but I really only wanna short into a big ass spike
FEED is an old “earnings pumper” like WSCI that got hit by reality the past few months, now similarly bouncing, look to short, but again really too gradual for my tastes. Lebed, can you pump this thing for me? FEED pay the man, he’ll pump you up! Lebed, I also want a finders’ fee.
MWY—speaking of Lebed pumping, this kind of chart is what happens when Lebed pumps, rumors abound of takeover, other crap & a perfect chart breakout at $3…NYSE asking for comment from company, definitely reserve shares to short as this one is up from $2.25 gonna be volatile though, I hate rumor plays…
CHCI is the latest penny pumper, reserve shares to short, this could be a nice multi-day runner before its inevitable collapse like so many others like NNVC, SKNY, uhh soo much hype, it’s overwhelming sometimes
VRNM has gotta get to $2 resistance to really interest me in shorting such a gradual mover
OWW is rebounding, but it’s not volatile enough for me
AVR & VSE were upgraded by an ANALyst—big whoop, when’s the last time you remember an ANALyst being right? 1999? (Whitney doesn’t count she’s bearish, I can’t rip on a fellow bear)…both have room to run, would love to short ‘em if they get close to resistance at $8 going into earnings
CRNT is an earnings spike, so don’t think about shorting it
CHCG broke out of resistance at $2, still don’t trust it to go much further though
Tags: Hot Stocks, Potential Plays
