This post went out to TIMalert subscribers late last night and I’m short one of the stocks and up 3% so far….can you guess which one?
Some decent potential plays today, but I’ve got a big TV appearance at 2pm in CT so I’ll be out for the day after 10:30am….suxxxxxx, but it can’t be helped.
COIN/COINW I was early on with my TIMalert to short (detailed post coming)…was right for 25 cents/share of downside, but it surprisingly rebounded after it went negative on the day…probly cuz it wasn’t an afternoon fade, ‘twas still morning, shorts like me got squeezed…$150ish loss won’t keep me up at night—FYI my biggest gains ALWAYS came after my biggest losses cuz I used to always be early in my shorts….controlling losses—buying to cover before the market close so as not to risk morning squeeze today—that’s huuuuuge. No doubt this will be a good short either today, Friday or next week, just a waiting game for the right price action…LiveStock will be on Friday from 1-2PM EST so it’d be cool if its during that time we get a crack, might have to be an extended show!
SIGA dropped 20 cents when it broke support…so far…nice boring breakdown, probable further to go, just too boring
STSI had a nice 40 cent morning dump, then gradual rebound, not fun for shorts unless your quick…TIMalerts always has a time delay so I’ll never look to grab these morning dumps the same day, only the night before
MITI cracked big, I was wrong…it happens…congrats to those who shorted and won big…before it rebounded…messy, messy, now its even deader to me
CHCI was up a lot, good call Muddy, welcome back buddy, this is why I don’t like shorting stocks under $1, muli-100%+ gains very possible intraday…let’s see if it can get over $1 and make it a possible short
CRWG remember when I thought IDAE was the only social networking play, well, now there’s this one…sorta—they wanna do targeted advertising on forums, cool, sign me up…no way in hell this is worth $90 million either (IDAE’s audiotor just resigned LOL), but don’t fight the breakout, especially when there’s so little downside…oh yeah they’re also a paid spammer, $100,000
SSCC benefitted from sector price hike, this is solid fundamental news, not shortable for any big collapse
TGIC I don’t care about, it’s a finance/mortgage play, same crap at FMD/ABK/MBI, not for me
Tags: Hot Stocks, Potential Plays
