Twas sent to TIMalert subscribers premarket today, meaning they were able to find shares to short of some hard-to-borrow names, while you, reading this several hours too late, were not…how does that make you feel? For $1/day, you don’t have to be late to the party anymore:
Lots of confused commentary on my main blog www.timothysykes.com:
1. 4 Losing trades in a row is not the end of the world, it’ll happen again
and again, focus on cutting losses better
2. Knowing which stocks/patterns not to trade is important, I’ll continue
including those in TIMalert premarket watchlists
3. I work my butt off day in day out analyzing too many setups, these ones
you see below are the ones I’m most interested in trading due to the reasons
I mention for each.
AFBG was up 400% to $1.10 in one day, you bet I’m interested in shorting
this manipulation, recycling fiberglass miracle-type company, 9,999 out
10,000 turn out to be total scams, wanna play those odds? Potential short
ARIA’s rise is getting a bit steep, looks to be optimism over their upcoming
earnings call on February 12th…just watching it for now.
ARTC finally dipped 10%, after a multi-week battle with breaking
out…understand this is how the pattern sometimes plays out, verrrrry drawn
out, verrrry uninteresting to me
CRYP is a potential buy as not only is the chart showing a multi-month
breakout—although they still have a ton of overhead resistance—but news is
new Obama administration might give more people freedom to gamble on the
internet after all, there are more unemployed people now who are bored so
why not let them gamble on low odds games with their food stamps—great idea!
Pathetic, but yet look how stem cell stocks have risen on new law passing
hopes, could be the same here. I don’t like buying 1 day spikes though,
would love to see consolidation to the low $5s and then I’d buy any follow
through breakout…I’m picky like that.
EUOK was up 175% yesterday due to their eye cream winning an award, very
illiquid, very scammy, potential short!
JRJC is up from $8 to $10 in 2 days, nobody seems to know why, lots of
overhead resistance, potential short.
SKYT broke out, justifying me covering for semi-painful $1700 losses—which
would now be $5,000ish losses–gotta stay conservative or if you want to be
aggressive, buy the breakout and enjoy squeezing stubborn shorts who don’t
understand Shortstocking…potential buy now, I don’t short stocks that
consolidate well & then breakout…that’s right, let the price action be your
guide!
GIGM is the same as CRYP, nice chart breakout too, but its never been known
to surge multi-day, usually takes its time as evidenced by late day profit
taking yesterday already.
HRZ failed to breakout again, resistance is a bitch, huh? I’m telling you
stubborn TIMalerts subscribers who are still in this, if it stays under
$4, odds are it drops, if it remains above $4, odds are it surges, welcome
to low priced technical analysis 101 aka PennyStocking
Posted in Potential Plays