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10 Stocks I’m Watching While I Climb Mt. Fuji!

Posted by timothysykes on Tue 26th of Aug, 2008 09:42:03 AM

Perfect perfect PennyStocking short today on MITI, just short vertical charts like that when they first goes red, beware of fakeouts…7ish to 6.50, $7.50 to $6.50 if you were aggressive…I was on a train to Mt. Fuji…sucks…but that’s the risk you take when traveling. Good thing dozens of PennyStocking DVD students and TIMalert subscribers–I’m telling you, you learn the variables/setups, you won’t even need me eventually and that’s great cuz your profits–which you better brag about to everyone–are my best marketing tool…anyway, this is the first down day, continuation possible, but with biotechs you never really know…look for further breakdown if it can take out $6.50, but then support at $6.25…I dunno, I hope its a fakeout breakdown cuz there’s too much intraday sideways sup[port everywhere down here.

BESN was an easy short, but nobody could find any shares….anybody, anybody, Bueller? Bueller?

STSI is positive patent news, not gonna collapse anytime soon, I’m not thinking about shorting at all

CHTL did a morning panic, then nothing, boooooring, it’s dead to me as potential short, that’s just healthy consolidation

KANA downtrender nicely, but it’s only 10 cents, since I’m traveling, this ain’t worth my time

ENAB is illiquid and barely down, another disappointment, dead to me now

FEED reaffirmed growth and surged, funny company, just saying the same thing over and over and the stock spikes then retraces gradually, potential short if it continues for multiple days

CPSL trying to breakout of multi-month sucking, hopefully it continues, lots of bitter shareholders, this is a perennial good short whenever the pumpers try to get it up

PARL keeps going, don’t underestimate earnings gainers

SQNM is trying to breakout, shorts be scared, potential buyers be aware if it breaks $23, failed a few times yesterday, 9 million shorts

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  • oulous
    I don't think bio tech will ever bubble unless we have a sudden revolution of people with advance science degrees.

    Bio tech will always ebb and flow as a front line sector in the start of bear and bull markets.

    In the mean time its made up of complex multi phase trial hits and misses. Some very real some very farcical.
  • johnnyvento
    Any breakout of a biotech is 'optimism', any breakdown is 'aha' cynicism, even if the traders have no idea what the science is behind the company.

    When biotech is the next 'bubble', these same ignorant folks will be lining up at the trough of biotech profits, all espousing how profound the biotech advances are.
  • oulous
    SQNM is a traders dream. Both long and short. I think the short side is harder but this thing could trade all the way to 30-35 by december on optimism of the downs test.
  • scotty's stupidity and ignorance was annoying me... and i was very trigger happy :) to ban the shit out of him.
  • awwww adarsh dont delete comments like scotty, his ignorance is fun! little does he know, sales, subscriptions and advertising are all breaking out, especially right before we launch 5 new sites....scotty doesnt know!
  • pretarch
    By the way, been following NCEN and it is up 100% since yesterday.

    Looking like a supernova to me.
  • AdamN
    BYE Scotty
  • the barber
    Coin looks like its gonna go for a couple day run. Its holding above 4.00 with almost 1 million shares traded!
  • GSPG = toast broke the up trend, now you'll have to fight .045-.05 resistance because everyone will be selling,.... going to be tough to break higher from now on
  • goldfinger
    what do you think about GSPG Tim ?
  • total_keops
    Goods numbers Reaper.

    Shorted APAC and EKO (Toronto Stock Exchange)
  • Terry
    What's up with COIN today?
  • Reaper
    Out MITI KANA ENAB. Total profit from yesterday and today $3650.62, all but $80 of that from MITI. Using Tim
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