The following was sent to TIMalert subscribers at 1am EST so they could be prepared for the trading day:
Exciting times lie ahead, are you ready? Could our stock market look like that of The Great Depression?
If so, you better learn ShortStocking!
Yesterday, the market got crushed…again….and TIMalert subscribers are emailing me saying they’re doing better than ever:
Tim, covered my SWHC short today from yesterday, banked $717. So far, total profits from mid-december is $8644…….thanks again –Kevin
Made a cool $220 on MIC Shorted at 1.20 Covered at 1.11 Thanks TIM –Joe
Just made $180 on JSDA, bought at 1.01 and sold 1.12. I know it was a short but I went with the opening buying. Thanks
because I wouldnt have been watching it without your alert. -Spit
Just gotta focus on small gains and understand that the fact that we’re going down a bit more each day means we’re getting closer to all important capitulation…
BX consolidated its earnings gains well and short squeezed into the market close yesterday…very dangerous to short earnings turnaround plays that have been hit this hard, I expect further choppiness so I doubt I’ll play it at all.
JSDA surged another 30% in an ugly market…verrrrry impressive…on hype/hope for its new drink, blehhh, these drink companies are a dime a dozen, literally, message board idiots are trying to say these drinks are the next sushi-type Japanese product…yeah, you can see how ridiculous it is, try to reserve shares to short at all costs, resistance is $1.25, after that it’s $2, don’t be so quick to short because a further squeeze is still likely.
BWIH is a spammer, being promoted on several sites and the stock still can’t go up…it’s a dog with fleas times a billion, definitely a potential short if anybody can find any shares
CY broke out a multi-month base, but the market was so ugly, its breakout never really had a chance yesterday…too bad, but it’s still on watch for a true breakout if this market can ever find its footing.
PSTI jumped 32% to $1.40ish yesterday with their revolutionary stem cell procedure from the FDA…after an initial spike, it faded all day, nobody believes a word this KNOWN SPAMMER says, anytime it spikes, it’s a potential short as betting on lower prices is like betting on a fat kid choosing candy over a wheatgrass shot….understand each gutter stock’s personality.
SPAR had its 1st up day of 20%, trying to successfully triple bottom in the low $2s, I’d call it a potential short, but this could be the bottom…at least for now, I’ll only think about shorting if it really runs more
MIC dropped 30%+ for the 3rd day in a row…I’ve never seen anything like it, but when you have a negative conference call and a huuuuuge debtload like them, anything’s possible….memorize this setup and try to find it again!
EFOI had its first down day on lower volume, just down a penny on the day yesterday, coulda woulda shoulda made for a great short entry, I couldn’t find any shares to short anywhere, could you?
SNTA got crushed from the mid-$6s to the mid-$1s last week when everyone found out their cancer drug killed too many people in tests…ANALysts said there’s now a 10% chance or lower that the killer drug gets approved…latest tiny biotech to fail trying cure cancer (imagine how great it will be when one of these companies actually does make the breakthrough!), now it’s just a speculative play as to whether they can still raise $ and survive…seems like 50/50 odds so there’s no play for me here.
ABD is now a double off its 75 cent lows after good earnings, this one can/will probly keep going higher, but I’ll be looking to short it—due to its horrific longterm chart and many bitter shareholders, resistance at $2, that might be a good entry.
XTEX I saved the best for last because it has the EXACT same setup as MIC except it tanked 50%+ on its 1st down day after horrible earnings/dividend cut…multi-billion debt tied to natural gas which was also down big yesterday…this thing can follow MIC down several days in a row, but careful since it’s commodity-related and its down more quickly (which can also be positive because it shows how screwed this company is)…you guys know I tried shorting around 3:30pm yesterday, but I need to fill out a bit more paperwork with Interactive Brokers to get that account going…
Posted in Potential Plays, Testimonials