This was sent out to TIMalert subscribers late late last night:
Serves me right that ALL the stocks on yesterday’s watchlist turned out to
be great shorts…I told you I’ve got the eye just not the touch—which is why
TIMalerts is only $30/month and not $100…PGOG down 25%, PALM down 15%,
XTXI down 15%, XTEX down 6%–you don’t have to be a genius to profit by
shorting crappy companies up a lot in a down market!
I should remember to be aggressive in blatant bear markets, the rallies make
me forget every now and then! Anyway, another day of little to now worthy
setups, get used to it and learn some patience…the good plays always come in
time, the difficulty lay in waiting for them.
Learn from my PennyStocking DVD, there’s tons and tons of dumb useless
chatter EVERYWHERE, learn to sift through it—namely with my new TIMfundamentals DVD–and realize 95% of traders lose $ so if you follow the chatter, you’re likely to lose too….that’s why I don’t mention every
single low priced stock in play, the vast majority don’t have
patterns/variables that interest me and I have no time to waste on low
probability guessing games.
DPZ was a perfect short under $6 to $5.80…so far…support in the $5.60s,
after that nothing, congrats to the dozen or so TIMalert subscribers who
are in this/have banked on this one, don’t forget to post your $
gains/losses on the TIMalerts.com website, gratzie!
LCI has been on fire since mid-December with their new drugs…on watch for
potential buy…yes, I buy too, just not many stocks breaking out
XTXI dropped 16%…well, sometimes you gotta risk some pain to go for home
runs…not I, nor many others, but congrats to those who held out…a more high
probability way would be to short on the 2-day break of $4.70, but it
would’ve been a choppy 30 cents/share to $4.40…I don’t regret taking quick
gains at all
XTEX is the same as XTXI but not as volatile…it’s dead to me now.
OXBO is arming up for a big run like back in March? Needs more volume to
really interest me, but watching for potential buy not short
ZGEN got an actual bigtime deal, that’s why I don’t short these and why I
mock those who do and get squeezed…learn to differentiate hype.
BRKR has the proper ugly chart and was up nicely, but they got an actual
contract, again, I don’t short that.
Posted in Potential Plays