This was sent to TIMalert subscribers around midnight so they were prepared for the trading session:
TIM trading account: $47,838 UP 8% in April, UP 12% in 2009, UP 285% since inception 18 months ago, 100% cash, no overnight positions.
The link to today’s daily video watchlist is in the comments section of this post on the TIMalerts.com subscribers-only website…next week, I’ll have a special site dedicated to these videos up next week…
Last Friday’s LiveStock was perhaps the best ever as COT was breaking out right during the show and lots of viewers profited, watch it on demand HERE
Sooo many plays, soooo many TIMalert subscriber testimonials, too little time…some potential plays today but nothing truly great…
EVII, the blatant pump & dump, finally had its 1st down day on drastically fading volume…probly headed back to the low to mid-$1s, the most obvious potential short on my watchlist, there are some shares to short, but not many…glad some TIMalert subscribers profited:
Shorted 500 EVII from 1.93 to 1.75 for a quick $95.
-Reaper
SVA has fought and fought not to breakdown convincingly below $2.50, but Friday was finally its day as the sellers simply couldn’t be held back any longer…now at $2.30ish, there’s probly only another 15-25 cents/share more short-term downside, not really worth my time, next!
BCRX is the only carcass swine flu play not to go back to true carcass status without a fight…it did drop 20% on Friday and I tried shorting it late day (IB rejected my orders saying I was out of day trades…thankfully)…I thought it’d fade like a good little failure of a company like NVAX and SVA, but instead it turned into a massive Friday afternoon short squeeze, $3ish to $3.80ish in the last hour…my apologies to those who got in late day, but other than a potential opening spike today, I don’t see how this can really keep squeezing for very long when SVA and NVAX are both goners. The good news is lots of subscribers shorted and covered before the late day squeeze for huuuuuge profits:
First full week since becoming an annual subscriber, took profits everyday from multiple stocks, most notably BCRX which I traded 4/5 sessions! Took over $800 out of the market this week! $197 for an annual subscription, talk about an easy ROI!
-Adam
covered my BCRX short from $4.20 at $3.56, for $1280 Thanks Tim.
-Jeff M.
Thanks Tim, Morning profit of 400$ on BCRX.
-U.
I got in BCRX yesterday @ 4.20 (it was rising as your alert came, and when it couldnt break past 4.25ish, i shorted – as i agreed with your analysis)…Didnt have any day trades left to exit my position (risky…but entry was good enough to take on risk). Exited this morning into the panic @ 3.49 Played out exactly as you describe in both DVDs and Alerts. Thanks again for the great trade.
-David
Shorted BCRX 100 shares on monday at 4.10 and 500 shares on tuesday at 4.32. Just covered all 600 at 3.50. $400 profit on my first trade with Tim Alerts. Ready for the next one!!! So even though I left a lot on the table I still thank you TIm.
-Casey
made 650 on BCRX on short since yesterday, covered at 3.44, shorted again 30 mins ago up 3%, still holding,
-BGW
I shorted BCRX @ $4.40 on tuesday. Keeped my short and bought 545 @3.60 on Wed. night sold @ $4.20 made $300. still holding my short
-JD
COT broke out nicely from $3 to $4ish in the afternoon after a superior earnings report…then it also broke down late day…gotta say potential buy from here, very much like LNET. Loving that the breakout occurred right during LiveStock and people baaaaanked:
watched LiveStock for the first time last friday. I was able to catch COT at $3.55 and was out at $4.01
-wallie
I caught COT too. In at 3.33, out at 4.01.
-presto
Made a quick $110.35 on COT watching LiveStock. Thanks Tim.
-Wag
TIM!! Thanks for the LiveStock meeting!! Went long on COT @ 3.60, out at $4.00. Up $385 after commission. Great way to end the week!!
-Osti
CENX was a great breakout, several TIMalert subscribers profited, I like McBowler’s comment about buying the breakout and then leaving for work…my guess is that buy made him more $ than hos job did that day as he’s up a solid $400!
+385 on CENX – $4.74 – $4.94 .. like taking candy from a baby
-SRT
Bought 1000 CENX at 4.90 Going to work. L8r
-mcbowler
out of CENX at 5.42 with trailing stop… in @ 4.95 … $225 profit
-Sunny
EFUT, a recent earnings breakout play spiked at Friday’s market open, broke out past $12 resistance, but then it just faded, nice fakeout breakout, some TIMalert subscribers recognized the previous day’s congestion/failure to breakdown and profited nicely on the squeeze…good but tough pattern to profit from, no play now:
Thanks timmmay! +$200 on holding EFUT overnight…just made enough to cover the 197 i paid for TIM alerts for a year. totally worth it and thanks again for that birthday deal!!
-T.P.
RUTH just keep going, now up 6 days in a row from $2 to $4, its run has made lots of people feel like geniuses…nope, just the latest case of penny stock momentum, potential short coming up soon, but probly just not gonna even play it as the pattern could resemble RT which has just become boring…TIMalert subscriber SRT nailed it early and apparently just keeps holding:
Im up $6482 so far this week with my RUTH call!
-SRT
FIG broke out of a month-long base in the $2-$3.50 range…huuuuge intraday breakout from $3.50 to $4.50, happened all within the first 2 hurs Friday, then sideways afternoon action…potential buy if it can breakout past $4.85, but that’d be another 10% move form where it currently stands, tough to pull off a huge breakout from here, at least intraday, potential short since this stock has a proven history of spiking then retreating, but its choppy so really can go either way…glad some PennyStocking DVD students are baaanking, earnings big profits on this obvious breakout.
Took profit on FIG, +$3874….I am +$18760 for the week so far…
-Traderjoe
PQ had a multi-month breakout past $3 to $3.55 on Friday…no resistance until the $4 range…will it get there, I don’t know, it’s not the most reliable breakout pattern, but this is a potential buy….especially tough to buy ahead of earnings which are Tuesday morning.
DRYS finally broke out of a multi-month base in the $5-7 range, surging $1ish to $8.30ish Friday…sweet break,out but it’s already up from $6 in 3 days, big move for a big/liquid stock, potential buy but it’s too expensive/not volatile for me, probly best for longer term traders
FSIN broke out to $6.50ish after lounging at $5ish for the past 6 months…a competitor of theirs had strong earnings, potential buy if it slows down and consolidates, potential short if it goes vertical and tempts the many bitter longterm shareholders to dump the stock in unison.
Posted in Potential Plays