This was sent to TIMalert subscribers at 4am today, you’re reading it waaaay late because you’re not signed up, correct that already:
With the whole market surging, there’s a ton of stocks on my watchlist…I’m not gonna short 99% of them because they’re distressed companies looking good to value investors…not my game..I like piece of crap companies/carcasses if you will to be surging due to hype/manipulation…the good news is these big up market days open the door to hype and manipulation, so c’mon Dow 8k!
GNCMA just keeps rising, $4 to $7, it’s a real slow moving company so this kind of runup is waaay too quick (already tried consolidating twice but shorts were quickly squeezed both times), probable short if/when it shows fading price action like I like
VOXW I covered 87 out of my 100 shares at $2.50…just too boring, I like my 38% 2-day profit…still got some shares but its GTC (good til canceled so Im in no rush…easiest $150 I ever made….ever…learnnnn the pattern please!
CRA was a previous TIMalert watchlist stock, up from $5 to $8, finished red yesterday right below key resistance, pathetic in a big up market, some TIMalert subscribers banked:
shorted 30 CRA at 7.89 (order for 400 didnt go through), shorted the other 370 at 7.74…covered at 7.58 for 68 profit!!!
thx Tim
-V.
SWHC finally broke above the key $5.75 resistance—multi-day and multi-month resistance to close just above $6…this is a potential buy as this breakout could signal good things to come.
RGR is the other gunmaker breaking out like SWHC…this one just broke above $11 yesterday…now no resistance anywhere in site, thought about buying later yesterday when it took out the day high, but risk/reward I didn’t love it since its such a high priced, slow moving stock, next!
SMRT is a struggling retailer up from $1.25 to $2.75 in a few days, reminds me of CHRS which was good for a 20% drop in 1 day but shorts had to be quick to take profits…this is a potential short, but I’m not jumping up and down since the entire sector is rebounding, not up on hype/manipulation like I prefer.
PIR surged nearly 300% to 60 cents after an analyst said they will survive…too funny…welcome to the BS game…with the price surge, now the company can actually raise $, proving the analyst correct and being self-fulfilling #58389838 in the penny sock world…potential short if it gets high enough quick enough.
MOD is a constant/longterm downtrender, it’s a real company, but its also probly going under (as foretold by the chart), stock has surged from $1.25 to $2.70 in 4 days, from 75 cents/share in 11 trading days…potential short if/when fading price action shows itself.
WGAT turned out to be a great short after their crappy videophones got pumped by the guy with the national v show with the crappy toupee…will these hypesters never learn? Anybody find shares to short, I couldn’t ☹
Tags: Potential Plays
