…just kidding, nothing really great goin’ on, just a few wannabes…STEM proves how shitty all these companies are by announcing a massive secondary offering at a 30% discount, stock now down 42% on the day…can you smell the desperation? (Proving once how great it usually is to short these suckers into spikes, they almost always screw it up somehow)
This was sent out early AM to TIMalert subscribers:
CVI tanked an easy 50 cents/share, or 12%, knew I coulda woulda shoulda shorted when it cracked $4, seriously, ask my 1-on-1-seminar guy…I’m still so undisciplined as to miss some really nice breakdowns…it makes me sad.
IIJI was the one I shorted 3000 at $2.95 and covered at $2.79 a few hours later…nice intraday breakdown, but when I’ve got chores to do and the breakdown stalls—due to the market rebounding and a ton of really big buy orders—I get out and take my $450 profit with me. THIS post details the trade.
CCO is falling off a cliff and yet they rebounded yesterday due to decent earnings…not a really good chance for a potential short yet, but I put it on my watchlist anyway, just in case the price action begins to suit me.
STEM impressively broke of multi-day highs, then the breakout failed…very typical of such spikers-that-always-turn-out-to-be-good-shorts. Too risky for a poor timer like me, but the ideal trade is to short into that afternoon drop 2 days ago.
GERN is the other stem cell to roll over…some TIMalert subscribers are banking:
update on GERN… im still short o/n and unrealized gains of $700+ so far! thanks tim!
-Jose
ASTM didn’t break the 75 cents clear breakout level and yet some dumb TIMalert subscriber was talking about how he bought it at 71 cents and didn’t understand why it was going down…people, learn what the hell I look for before trading, these instructional trading DVDs are not optional, they are required reading so you don’t screw up as much as I did during the 10 years it took me to learn these rules! I promise you the $300 cost of a DVD is about 1/50th or 1/100th of the eventual losses due to dumb mistakes like this.
HQS had its first up day on earnings news, up 40%, sufficiently pathetic longterm chart means I’ll short into any ridiculous multi-day rally, not before
SWHC rally failed too…too boring though, gimme some volatility!
Tags: Potential Plays, Testimonials
