CHATROOM

6 Stocks to Short Sell & 1 Stock To Buy…Potentially

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The following was sent to TIMalert subscribers at 1am EST today, I know, you’re jealous:

Even in this tough market environment, the plays keep building, my laptop is buzzing with opportunities abound…check out a few sorted testimonials from TIMalert subscribers from yesterday (to give you an idea how to trade these slippery suckers):

Two small gains (ASTM+HRZ) in 2 days… $100+ on ASTM yesterday, and only $75 on HRZ this morning…pays my alerts bill for a few months, thanks timmay! –H.S.

shorted ARNA @ 6.41, cover @6.01. Thanks for the training, Tim! …you lay it out damn good in your DVD’s, I just signed up to TIMalerts so I could watch you in action –W.E.

Covered my ARNA short from $6.71 (avg price) at $6.02 for a sweet $1k profit. –Adam N

IAG is that strong gold stock that looks like it’s getting a bit too steep…if I didn’t know better, I’d be tempted to short a bit…potential short, but I’m going to try very hard to ignore this one because it’s not a pump and dump like I prefer.

ARNA is the one I’m short 2000 shares at $5.98 because it is a pump and dump…as I explained in THIS post last night

A crappy newsletter promo + CEO sugarcoated cheerleading + CNBC cameras managed to lure in lots of poor people thinking this company’s fat pill would make them rich…it’s never as good as it seems and now that the hype/volume is fading, sellers are more fortified and the stock is under $6 support….I aim to cover today between $5 and $5.50, let’s see how it acts, price action is my guide.

PSPM keeps going higher, now hitting a high of 80 cents…you bad short sellers should take note, these stocks are often great buys long before they’re great shorts…as it is, I’ve gotten emails from people claiming PSPM is being promoted to them by telephone, this is true penny stock filth, which will inevitably collapse…like a giant trash heap falling over…trying to reserve shares every day to find shares to short…if I do find shares, I won’t short outright, it’s gotta have a fading pattern first.

SIGA finished up 12 cents yesterday, consolidating its gains well…if it starts fading, might be a potential shot, but its risky

TSYS finally confirmed its breakout after several days of holding near its highs…very nice morning spike followed by pretty much nothing, this could/should be in double digits sooner than later, but judging by its messy breakout, it won’t be easy…because it’s a real company, not a pump and dump….not my kind of play, this is more random market games.

MBI separated their dirty from their clean business, gapped up nicely and held onto strength all day…this is solid fundamental news, I don’t short that or buy that…please stop emailing me about this stock, thanks!

AZC has run from 50 cents to 90, could be a good upcoming short considering the ugly long-term chart and multitude of bitter shareholders.

Posted in Potential Plays, Slideshow

  • http://test.timothysykes.com Timothy Sykes

    turned out to be dead on with ARNA and yet my subscribers made more $ than me….thats a good thing!

  • Cassou

    I really don’t understand how you got out of ARNA at $5.70. That doesn’t make sense, it was fading perfectly until $5.20. Why the heck would you get out at $5.70 for a miserable $500 gain?

    Are you trying to make your TimSubscribers think they are smarter than you in order to get more of them for your Tim Alerts?

    We both now your alerts is what you really make money with, you don’t give a shit about your trades, huh?

  • http://test.timothysykes.com Timothy Sykes

    Cassou, as I said in the alert, I wanted to be safe and lock in profits…lately there havent been many perfect ones and i’ve had losses when i didnt take small profits–aka JRJC, SKYT, ZAGG…not to mention I had a ton to do today with TIMfundamentals and intro DVD I’ve also been working on. I am not a master trader, just an experienced one willing to teach what i’ve learned over the years

  • http://www.yahoo.com phi

    tim has good stock to play/setup, but it’s pathetic that he’s collecting penny instead of dollar. you need some mojo!

  • Orest

    Tim , you stated that PSPM is another scam company. Financing, and other latest information was a lie?It’s a very serious statement and I think it’s fare for you to back your words with some prove.

  • http://test.timothysykes.com Timothy Sykes

    Orest PSPM is a spammer, i’ll have a detailed post monday

  • Nash

    Can you give us your thoughts on GOE as well?

  • http://test.timothysykes.com/blog/2009/03/30/arena-pharmaceuticals-arna-azimuth-opportunity-ltd-stansberry-research-and-the-magic-fat-pill/ Arena Pharmaceuticals (ARNA), Azimuth Opportunity Ltd, Stansberry Research And The Magic Fat Pill | TIM – Timothy Sykes

    [...] See my old post about it how dozens of TIMalert subscribers and I profited when the hype from the CEO’s CNBC appearance (the CEO was soooo sure of himself, anytime anybody in penny stock land is that sure, they’re either a fool or a fraud, I don’t care which one this dude is, either way, these things are ALWAYS great shorts on hype) mixed in with a “this stock can make you rich” commentary from Stansberry Research (I mistakenly said Agora Financial, that company has sooo many different “newsletters”, I sometimes get confused) but understand this today’s failure means 3 things: [...]