This was sent to TIMalert subscribers late late late last night…if you want to have any idea on how to trade these volatile suckers, watch my instructional DVDs please:
Some mighty fine setups this week, will today be the day which some of these
crack? To be determined…
GJM is one of the many GM-related stocks, I ignore it
CPY squeezed me on Friday, I got out quick for a $70 loss…not bad, I’d do it
over again…still will be a great short if it ever cracks $2.90
LCAPA is a two-day winner and started fade late Friday, but t’s got support
at $5 so I’m not sure how much downside there is…yet
HPSO is a great pump, thank friggin God, up from 25 cents/share to $1+
HSNI had its first down day only to be followed by a decent up day…this one
continues to piss short sellers off, no clear pattern, let it run and
squeeze those too stubborn to cover their shares
OCLS is rounding the turn upwards perfectly…too bad there’s a ton of old
resistance waiting just around the corner…like a typical penny stock gainer,
they’ve got a “miracle product” in their Bactine for animals, too bad
quarterly losses are $7 million while revenues are only $1 million, let it
run before shorting but never believe the hype
PROT has now risen from $2 to $12 in 11 days, volume is anemic, good luck
finding shares to short…I’d wait.
TKTM is like HSNI, they were once part of the same conglomerate, squeezing
shorts, no clear pattern, avoid
GASS had its first up day. It’s a gas play so I doubt I’ll trade
Tags: Potential Plays
