9 January Effect Penny Stocks In Play Lots of plays due to the January
Effect…this is the time of year where people go scrounging for beaten down
stocks that have been hit hard due to tax loss selling during the months
before…I explain it more on my Shortstocking DVD….be very very careful
shorting these, they can really run, actually better to buy many of them
into the January buying wave…
BLTI, well, I was right it was a dog, but it dropped to quickly before I
pound this doggie for some easy $, oh well, plenty more doggies, just call
me Michael Vick, I dominate these little doggies!
CWST I said it all right HERE
CTDC is a perennially crappy company that loves hype, now they’re building a
big solar farm, great, just what the world need with $40
oil…idiots…potential short but be careful of January effect
CPY is basing and actually moving higher…lesson: don’t short just because
you think something, if a stock doesn’t break support/resistance, go with
the trend…I’d consider buying this before shorting
DNN is a classic January effect play, potential short on excessive strength,
resistance in the low $2s
MEG is just the first big up day, stay tuned… MELA has double bottomed, I’m
not even considering shorting this thing.
PRS is just its first up day, no resistance anywhere in sight.
SGLP isn’t up or is liquid enough for me, let’s see how it performs
Tags: Potential Plays
