The following was sent to TIMalert subscribers at 3AM because I work and I work and I work no matter what else I do:
Okay guys you have until midnight tonight, March 25th to get the special pre-ordre price on my brand new TIMfundamentals DVD…get it so you won’t have to subscribe to TIMalerts anymore as you’ll be able to research these stocks yourselves!
PIR is now a perfect quadruple from 20 cents to 80 cents in 2 days all because an ANALyst upgraded them and they closed some store, beautiful pumping in effect…chart showed a bit of fading price action yesterday, but it was still up big which opens the door to a morning spike today…then it’ll be a question of whether or not it can stay green on the day before succumbing to its true carcass-company reality…potential short on any proper fading price action…price action I outline extensively in my PennyStocking Part Deux DVD…reserve shares early!
BAMM has the right chart I like to short and lots of TIMalert subscribers jumped any alert and shorted, some made $, some waited too long…as the stock is an earnings play and it finished up yesterday after tanking in the morning….always be extra careful shorting earnings plays:
Hi Tim, I sold short 500 BAMM yesterday @ 4.58 and my trailing stop bought to cover today @ 3.95 Netted me about $315.
Sammy
CNQR now admitted their 2nd in command also never graduated college..these are sketchy businessmen in the truest sense…lots of short sellers are guessing what other skeletons get uncovered, it’s on my watchlist now for a potential short, not buy, but I’m not doing anything until I see some conclusive signs of fraud, not just guesswork
MCGC has tripled off its 50 cents-ish lows in a few days, yesterday it finally showed some fading action, but only in the last 10 minutes of trading…too close to the market close to make me a true believer and even if I did, it would’ve been impossible to send any alert (we’re testing the new instantaneous alert system, should be ready in weeks not months anymore…), potential short, this could easily retrace to the $1 area, but it moves sloooooowly.
ZZ is a real company that has doubled and now its started to fade…reported earnings late yesterday, who cares what people think, this stock isn’t volatile enough for me, next!
ASTI opened their new HQ in Colorado and the stock squeezed shorts…why Colorado, that’s where their PR man Jim Blackman is, it’s a great idea to pump a stock locally, add in the clean energy, you’ve got a perfect pump and dump, no matter the sketchiness of the company/PR man, lack of fundamentals/demand for their overpriced product…lots of short sellers are gonna be disappointed when Blackman gets this stock to double digits as I’m sure is his goal…just asking, the PRs say Brian Blackman is the PR contact, but there is no Brian, is there Jimmy boy? Sketchyyyyyyyyy, potential buy due to Blackman magic
SMRT retraced after a big runup, but now its found strength again and its trading like a real company…blehhhh, such choppy price action
RGR broke out, but I could care less about making 50 cents/share on an $11 stock…with my poor timing, we’re talking 20-30 cents of profit before I screw it up…and its 50 cent-ish afternoon fade doesn’t interest me as a short because its still a breakout and I’m not going to guess a breakout to fail, no play, next!
SWHC is the gun play that couldn’t even breakout much before boring traders to sleep, no thanks, next!
RDNT has a nice longterm downtrending chart and spike off its lows, but the spike is just a little bump, not enough potential downside to get me interested in shorting, thanks to the few of you who emailed me about it, but I would only short if it spiked to resistance at $2ish…next!
SEED dropped 25% after reporting their typically horrific earnings and their stock dropped 25%…the stock was strong into earnings and there’s no shares available to short pretty much anywhere, so you either had to short alongside me several days ago and risk some pain to go for the big gain or short and cover as quick as I did, tough play, but that’s penny stock reality…I’m not a basher or overly-cynical, I just need to get you to realize how awful these carcasses of companies truly are so you can appreciate how great it is to short them on any exponential spike!
Tags: Potential Plays
