TwitterFacebookYouTube

14 Stocks To Watch, Yes, You Can Short Sell Penny Stocks–In Fact, TIMalert Subscribers & I Made $4,000+ Yesterday

Posted by Timothy Sykes on Wed 6th of May, 2009 12:50:10 PM

This was sent to TIMalert subscribers at 2am today:

TIM Trading Account $49,139 +$1,301 in May, +16% in 2009, 296% in the last 18 months, no overnight positions

Longer Term Account $50,899 +$899 in May (just started May 1), no overnight positions

Video Watchlist link will be in the comments section on this blog post on TIMalerts.com

Some potential plays today, but I’m just happy to get TIMalert subscriber testimonials like this:

By the way thanks up $973 on a $5000 account in 2 weeks
-Matt T.

STXX is a classic pump and dump stock, surged 200% in the final minutes yesterday from 50 cents to $1.50…actually hit a high of $3+…great manipulation/market order buying going on…potential short into any excess strength

BCRX I covered right near the market open yesterday at $2.96ish, 6,000 shares in total between my short and longer term trading accounts—made just under $2,000 in total…this thing is just stubborn (part of the reason why I covered so quickly)…I mean it took out support at $3 and yet it still couldn’t go down much…amazing…it squeezed to $3.5ish late day so hopefully there’ll be a bigger squeeze for me to short into! Definitely not a short until it cracks $2.90 convincingly, doesn’t look like it’ll happen anytime soon.

NVAX filled its gap PERFECTLY, all the way from $4 to $1.50…wish BCRx was so weak…you subscribers and I would be richer/happier people…no use in whining about it, we’re not value investors…now this one has squeezed back to $2…potential short on further strength, a carcass is a carcass

WWAG keeps surging, now 20 cents to 70 cents/share in a few days, good solid pump, every cent higher means an even better short because this company, as all stock promotions, is eventually a 0…patience young truth seekers, let the promoters do what they do…the chart will eventually look like another promoted piece of crap SCLX so it’s gonna be an easyyyyyy short….sorry Dean, find a better company to promote and you’ll have a better chance of getting the stock price past $1/share

AINV did indeed spike for a 2nd day, not as much as I wanted, but a decent 30 cent+/share profit on only 1,000 shares…I sold near the market open at $6.16ish…it jumped another 30 cents to $6.45 intraday, but I’m happy with my gains as are the TIMalert testimonials

Sold AINV @ $6.28 for a $270 profit. My account is now up 153% overall and I am getting ever so closer to being free from the dreaded PDT rule.
-Adam N.

125 after commisions on AINV. lol phone trade no comp. thanx tim
-matt

Bought 500 AINV @ 5.85, Sold @ 6.10, should got out earlier. Oh well, can’t complain about a cool hundo, thanks Tim.
-H.S.

Nice, sold for 200+ gains… paid for 1 year of tim alerts… watched 1/4 of pennystocking last night and saw there were more sellers than buyers :) and got out like a fetus. Thanks Tim.
-shah

I sold AINV way too early too! only made about 60 bucks
-Carol

RUTH reported earnings, doesn’t matter if they were good or bad, the reaction is what I care about and it kept its uptrend intact, potential buy as the shorts get squeezed further past $4.25, potential short if it cracks $3.60, understand? I like the risk-taking TIMalert subscribers who made some $:

Shorted RUTH 400 shares right at the top @ 4.25, covered @ 3.93, got scared of that little spike. First TIMalert trade for a nice $118 gain. Thanks a lot
-JR

My 3rd play with RUTH for another 47.75$ Profit.
Man thanks a lot!!!! I’ve covered my subscription for TIMalerts in first 3 small trades.
-JR

BEE showed me how truly naïve some of you guys are…it wasn’t the boring breakout I thought it would be—I said that after everyone got excited about 95 cents to $1.15, which is boring—but now that it surged to $1.50 in just 2 days, well, that’s impressive…but when I see talk of possible $5/share, that’s just plain stupid. I won’t have that absurd Fool.com-esque commentary…this could keep going, but I’m leaning towards shorting this carcass, because eyes, it is a carcass of a company with lots of bitter shareholders, resistance at $2…glad some of you guys banked buying this boring

I am +$1300 or so on it after taking profits, although it probably will run higher and retreat on earnings (maybe).
-SRT

i am out of BEE after reading that… for now
in at $1.09 1000 shares out at $1.54 netting $450
-Mike M.

SIRI has jumped from 40 to 47 cents, keeping its gradual multi-week uptrend intact…will it breakout to new highs, who knows, who cares, anybody who says that with such a slow moving pattern is full of it…potential buy if it ever gets volatile, otherwise, enjoy your pennies people.

BZH was an easy breakout buy past $3 to $3.50…missed it, too many stocks breaking out for me to keep track of, let alone play ‘em all, next!

CROX is now a 2-day winner, up from $2.25 to $3.75, volume has started to fade, but it’s still strong, c’mon 3-day runup…usually a good idea to think about shorting after 2 big up days, solid resistance at $4, definite potential short

CPSL gapped up nicely yesterday, but quickly tanked from $3.5 to $2.5 before rebounding to $3ish…perfect PennyStocking DVD price action, but I wasn’t quick enough to take advantage of the morning dump and it still finished up on the day so another up day is possible…this is my #1 potential short today, I’d love it if it can stay afloat until the afternoon for a probable perfect fade…can you guess what the breakdown point is? OCNF has the same pattern just at a lower price point, potential short there too.

EVSO the blatant pump and dump finished up yesterday, but the volume faded and I’m not sure how much longer it can hold these fake gains…unfortunately, the shares to short at Interactive Brokers no longer seem to be there, or anywhere I’m guessing, so sometimes the lesson is to be early shorting and risk some pain in order to get short before the big dump…this is a definite potential short.

BOSC is the StockPreacher pump and dump from the other day that touched $5, but was really a good short in the $1 range as its now back down to 60 cents…no matter what any promoters says, they don’t do good research, they are pumpers and nothing more…next!

XTXI is now a 2-day winner from $2 to $4.5 and would be a prime short selling candidate, but its reporting earnings Friday so I won’t play it ahead of earnings.

Share this post:
  • Twitter
  • Facebook
  • StumbleUpon
  • HackerNews
  • Digg
  • del.icio.us
  • Technorati
  • Yahoo! Buzz
  • Google Bookmarks

Tags: ,

blog comments powered by Disqus