Sent to TIMalert subscribers late late late late late last night or early early early early early this morning, dpeending on how you look at it…the key is they were prepared before the market opened, while those of you reading this mid-day were not (guess what you can do about it?):

Made a cool $600 yesterday, bringing me up $5,000+, or 13% for December
(after gaining 17% in November, and 14% in both September and October,
something like 260% on the year—yes I’m on fire, especially considering not
one of the 10,000+ mutual funds is positive on the year! (according to Dr.
Elder’s newsletter)…pathetic)…can’t stop, won’t stop….a few more potential
plays popping up every day now:

RVI is Filene’s Basement and its got new management, not really looking to
short immediately, solid changes, dip buyers on retail everywhere—see
PERY/WSM—no thanks

COIN is one I’m tempted to short for the longterm just because I know what a
carcass of a company they are, what kind of PR mastermind Jim Blackman is
and why their stock up off its lows is only because the idiots over at CNBC
who feature them don’t know how to do due diligence…alas, no competent stock
promoter has gotten this one up enough to merit anything other than a
typical failing company rant.

CPY was the one short on which I made $3,500 last week and yet I didn’t
stick around for yesterday’s 20% drop…pathetic, I need to grow a pair, I
wish oh how I wish I coulda found shares to short after it gradually took
out support at $3.70…even now at $3.40, methinks its got $3 or even $2.50 or
even $2 written all over it…of course the main panic will probly be over by
this morning and then we’ve got earnings on Thursday so my play on this is
probly done, sad, very sad, waaaaaaaaay more $ to be made on these things
than anyone realizes.

CPD is the CPY-wannabe I’m short 3000 shares of because—while it’s not up as
much—it’s easy to borrow, as I wrote in yesterday’s TIMalert: once it
dropped below support at $5.50, there’s no support til $4.50 and it faded
ever so nicely in the afternoon just like I like. It was particularly
confidence-building to see it try and fail to get above the key $5.20 level
that was morning support…I’d love to cover into a morning panic today, my
goal is still $4.50-$4.60 lthough I’ll also cut losses quickly if need be.

PNTR is an oldie but a goodie in terms of stock manipulation, first up day,
any crooks up to something here? Please say yes!

TKTM is the big Ticketmaster that isn’t really PennyStocking, I just
think any company once owned by the incredibly incompetent Barry Diller—in
terms of shareholder value—is worth considering for short selling…this one
is up off its lows, not enough yet to really tempt me, I’m just watching,
common sense says bankrupt/poor people can’t go see as many concerts.

MRNA jumped 167% on solid FDA approval news…some weird drug, doesn’t matter,
not hype, not shortable…yet

GIGM is gradually creeping off its lows, watching for a potential short.

Tags: Potential Plays