This was sent premarket to all TIMalert subscribers:
Nothing truly great to start the week off, I’m still in the Florida Keys and I’m gonna go skydiving today…don’t worry, I’ve already been twice, it’s a piece of cake…
IDEV got positive drug news and a hunk of money form a major pharmaceutical, I’m not gonna be so quick to short such a power packed deal, of course it could reverse, but I prefer shorting hype and manipulation to real deals like this. That said, if it goes up and squeezes some shorts enough, it’s a potential play.
LSCG is a two-day spiker, chart is decent for a reversal but there is a shareholder meeting this Thursday so it’s not ideal (news could be announced).
CYPB has the right longterm downtrending chart, spike off the bottom, but a history of taking weeks to reverse after spikes, hurts its chances in my books
QCOR is a continuing breakout, although it’s only up 15 cents form where I sold it, justifying me calling it a boring stock…enjoy longtermers, I just don’t have the patience…don’t say I never bought anything, this is the pattern I buy, just wish it was on steroids instead of this slow stuff
BRCO has spiked one day so far, so its an automatic potential short, but past spikes haven’t lead to any good reversals and contrary to BS industry disclaimers, past performance IS indicative of future returns.
CCOW went from $3 to$11 in basically one hour Friday afternoon…already dropped afterhours, but gotta love this pattern, only in PennyStocking baby! Too bad it’s a financial, right kind of move, wrong industry, wrong time, wrong Big Brother SEC.
SIL had a nice morning pop followed by gradual downtrending and basing below the day before’s lows. Don’t even think about playing it for any lasting bounce, odds still favor shorts although I’m not sure how much more downside there is.
HYDG has quintupled from 10 cents in just a few days, wonderful, but I don’t like palying true penny stocks cuz they can make outrageous moves easier than a stock that’s gone from $1 to $5
Posted in Potential Plays