This was sent to TIMalert subscribers eerily early, 9:30pm the night before today’s big trading session, hmmmmm, I guess you could call them PREPARED BY TIM:
TIM trading account—now stands at $53,810 +$5,972 in May, no positions, made $3,300ish yesterday shorting the pump & dump NVGN, now up 333% in the last 18 months
Longer Term Account $51,291, up $1,291 in May (started with $50,000 on May 1), no positions
Huge day for us TIMalert peeps yesterday—my best day in months–thanks to surging but crappy biotech’s like NVGN & OGXI…$8,000+ in subscriber profits…the plays keep on coming today, ‘tis the season for PennyStocking!
Check out today’s watchlist below & some TIMalert subscriber testimonials:
riding NVGN overnight as well, already booked $1200 in profits but have another 2K short overnight.
-Andre
out of NVGN for $1336.80 profit
-Goode
Out NVGN +$1030 TIMMMMMMMMM U DA MAN
-Traderjoe
Quick 100 bucks for me on NVGN…looking for another entry.
-Ormaggio
I’m short 2k shares NVGN from 4.50, already covered some other shares I had for $245 realized profit.
-Reaper
in AHR @ 1.35 out at 1.42 for a quick 100 bucks
-AW
covered OGXI @ $13.75, easy $230 with a poor entry too
-JK
made 532 on OCNF
-scrillawill
hah took UOMO from .91 to .95 … no way I’d hold that thing for more than a quick scalp though.
-Reaper
UOMO is clearly the #1 pump & dump of the moment, all the most soulless stock promoters we know of have been paid to pump this carcass…30 cents to 90 cents on over 30 million shares traded in 2 days is impressive, but late yesterday it started to fade…longs might get a brief chance to get out today, but my guess is the stock tanks huuuuuuuge, CVRG-style…no shares to short though from what I can see…what a waste of a perfectly good pump…will keep trying though just in case.
OGXI continued its monster rally from $8 to $16 in 2 days, surging from $12 to $16 by 11am yesterday then gradually fading…I thought about shorting it, but its too high priced for me and NVGN is just soooo much better…this is still a potential short as it didn’t even have its first down day yet and is still at $13, clear path from $12 to $11 if it can take that support level out at $12, but beware of intraday spikes.
FEED tried to do a multi-month breakout, but failed…this stock trades too choppily to really interest me, potential buy, but only if the volume really explodes enough to ferret out the low volume choppiness.
FONR jumped form $1 to $3 on volume of nearly 2 million shares yesterday, all due to a positive earnings report…price action aside, this is an eternally carcass of a company and I’d be surprised if they actually maintain this positive momentum…that’s right, I’ve gotten to know several penny stocks over the past decade and this one stinks, always has, probly always will…potential short if it spikes too quickly or darts below afternoon support of $2.75
NVGN & MSHL turned out to be pumped by the former CEO…I shorted 4000 at $4.58 right around when the Australian WSJ picked up the pump & dump story…see my whole blog post HERE….I held overnight because the stock is still double from $2 and the company has now come out and said it’s all a big pump…wouldn’t surprise me to see the pumper actually dump some shares too since he’s the 3rd largest shareholder, which would open the door to nice lawsuits….dumb dumb dumb, great for TIMalert subscribers and I as I’m up $3,000+ and others each banked $1,000+…these are the kind of inefficiencies from which I love to profit…I’m hoping for a morning panic, but we’ll know how it’ll open based on its Australian stock counterpart…shorting pump & dumps truly are thehighest percentage shorts around! (MSHL is majority controlled by NVGN)
HEB I was conflicted about yesterday—the price action said potential buy, but my knowledge of their total ineptitude made me want to short…I did neither as conflicting variables keep me on the sidelines, but in this video interview I did…I went with my gut and said potential short…well, I was right…the scumbags used the stock runup to raise $ for a 2nd time in as many weeks at a 30%+ discount and the stock crashed to where they did the financing…eerily scary/predictable, it still might surge due to FDA news coming up next week…potential nothing, I won’t play it now that it’s already dropped & big un-guessable news upcoming.
MRNA is another hot biotech penny stock, nice fluff news yesterday morning created a morning spike from $1.50 to $2, now its up from 75 cents just 9 trading days ago, longterm chart is still horrendous, potential short on any proper fading price action (the kind I outline extensively in my PennyStocking Part Deux DVD (see review HERE)
BCRX had its reversal day yesterday after 2 big up days in a row, predictably choppy as this stock usually is, it tanked nicely in the morning then rebounded gradually all day but still finished down…first down day…wooo hooo…not…I hate choppy price action, I get fake out too much (as evidenced by my lackluster trades in the past on this one)…potential short, but I doubt I’ll play it due to its price action attitude problem.
CADD was just one pump and dump that inevitably had to come down, dropping a fully predictable 30% yesterday…I only bring it up to show you what kinds of drops are probable if you can find shares to short…UOMO is sooooo next!
MRM is another earnings jumper, up from $3.50 to $8.50 yesterday alone…another tiny company making $1 million last quarter, but this one is much more illiquid than FONR…reminds me of ETC, which I thought could have multi-day run potential like DDRX but it didn’t…this is a definitely a potential buy not a short for me, but I’m gonna to be very careful about buying such an illiquid play that’s already up so much…for better or worse, it can move $1+ within 15 minutes, scarrrry, especially for any alerts.
Posted in Potential Plays, Testimonials