The following was sent to TIMalert subscribers around 2am EST:
Remember to tune into LiveStock today 1-2PM EST…ask me any questions below!
The overall US markets have now gradually faded to under key support…today or Monday could be big crash days…seriously.
And some confused congresspeople actually want to tax traders and investors a little tax on every trade…absurd, right? Basically, if you want to trade $10,000 worth of stock you’re gonna have to fork over $50 to the government on behalf of some failing homeowner somewhere. Please visit THIS site to sign a petition against such a misguided bill
Considering this madness as backdrop, the video of CNBC guy Rick Santelli promoting a trader revolt has become rather popular…see it HERE if you haven’t already
Here are the only 5 plays on my radar today, some seriously good setups:
ANDS is a biotech that’s now quadrupled in 2009…don’t short sell randomly strong penny stocks or you’ll get squeezed just like these 300,000+ shares short are…this is a potential short, but only when the spiking gets more vertical…upcoming earnings/predictable CEO sugarcoating on Feb. 26th
ARNA I made $500+ on yesterday while you TIMalert subscribers made over $10,000…see all the details HERE…perfect perfect morning panic, just like the dozens detailed in my Pennystocking Part Deux DVD.
CSE is a failing financial company, down from $4 to the high $1s in the past few days…guys, seriously stop emailing me about this, I try not to dip buy into falling knives!
SIGA had a first day drop perfectly, I thought about shorting into the market close, but there’s support all in the low $5s…no thanks, poor risk/reward here for a poor timer like me.
PSPM is still my #1 potential short, longs actually believe they found a diamond in the rough, they’ll just never learn….don’t get me wrong, even here at 80 cents, I still would love $1+ (to make the potential reward/downside greater), but I’m trying to reserve shares to short each and every day.
Posted in Potential Plays