Sent early to TIMalert subscribers, lots of people banking, don’t you wish you were one of them? 9I do, I didn’t trade at all, but thanks to the success of my instructional DVDs, my students are doing better than me, thank God!)
Wow! Lots of stocks going up 400%, 500%, 700% in one day, very exciting
stuff, also very scary to short….for now. Sometimes you actually gotta buy
these things and my conservativeness/wussieness on ANSV might be good for
beginners, but sometimes you gotta put your foot on the pedal and rock
out… Don’t rush these patterns, as much as you think a 500% price rise will
collapse, many shorts enter too early and get squeezed, allowing the run to
continue longer than you’d expect.
HSPO’s chart might have gone vertical, but we’re only talking 50 cents to 80
cents in a few days, not worth my time to short….yet
CPD is squeezing stubborn shorts who refused to listen to the price
action…I hope this thing breaks out, stupid wannabe short sellers who are
too set in their losing ways to maybe change and learn from my
ShortStocking DVD.
NVD surged from 6 cents to 40 cents, ridiculous 500%+ one day gain, welcome
to how stocks can trade during times of mania, no news yet, but I’m sure
people are speculating about their insomnia drug, I don’t like shorting
under $1, if this thing goes to $2-3 today then it’s my #1 short, until
then, odds actually favor buying (for the brave only…probly not me)
SIL is a metal play benefitting from medals booming/the dollar collapse…now
up 500% to $2.50 in 5 days, gotta love PennyStocking, congrats to those who
can actually buy such strength and sleep at night, I can’t, I’d need to try
NVDs insomnia drug
SAY’s management tried to buyout one of their family owned businesses…for
billions…and the stock dropped a ton…now a few hours later, they cancel and
the stock goes up..not for me to trade, just to laugh at, these guys are
dumber than Yahoo’s Jerry Yang!
CPY reported horrific earnings, as expected, but the big question is what’s
going to happen with their Sears contract…conference call today at 10am
could answer, we’ll see, still a potential short…
TKTM is the one I shorted yesterday going for an afternoon fade, got some of
it, but then got squeezed into the market close…lost $300, not too bad,
conservative trade…sometimes stocks aren’t meant to go down (and real
companies are tougher), just gotta lick your wounds…and lots of TIMalert
subscribers and I had wounds, detailed post coming, stock is dead to me
unless it goes much higher.
ANSV was a great buy and short yesterday, I hesitated and didn’t buy—even if
I did, the trade was over within 4 minutes so any alert would’ve been
useless (rendering my trade pretty useless)—and I couldn’t find shares to
short in the afternoon. Today I think we’ll get another morning spike, but
it could/should be weak as sellers become more entrenched….definite
potential short, I don’t care how big their drug news is, some people are
gonna wanna cash out with this kind of percent gain.
DVAX was the other 500%-ish gainer, deal with Galxo is huuuuge, I’m not
short into this until sellers become entrenched, again, crazy as it sounds,
odds favor buying.
NG is the same as SIL
RVI was flat all day yesterday, insider purchase might as well mean buyout
because its not volatile and now a big reversal isn’t as likely.
Posted in Potential Plays