The following premarket watchlist was sent to TIMalert subscribers at 6:30AM EST today, which made it out despite my jet lag
Please stop asking me about the upcoming Covestor auto-trading feature, it’s physically impossible to implement with TIMalerts due to the strategy’s particulars, but that doesn’t mean it won’t work on a longer term time horizon….stay tuned for details soon!
TIM trading account—now stands at $65,674, made a few hundred more on APWR, taking profits at the market open yesterday, no positions now…I’m up 53% in 2009 and up 425% in the last 20 months, up from my original $12,415 November 1, 2007.
Longer Term Account $51,800 I’m down about $350 on my RINO long position, up $1,800 since May 1st inception
Slow day I missed yesterday due to my flight back to NYC, TIMalert subscribers still made $1,500+, all it takes is one good trade in this game…never forget that and try not to do so many trades…all of Wall Street wants you to trade t get your commissions, viewership, subscription $–don’t play the moron CNBC guessing games, patience brothers…
made $1900 on my GNK swing trade
-SW
Failed breakout on RINO sold for a small loss. will buy back if it falls down some more.
-TF
also sold remaining RINO for flat
-BTB
RINO dropped 7% yesterday, but I stayed in because this is in my longterm account…I have another $300ish loss on this annoying one that refuses to breakout nicely past $10, but the story is still intact and it feels like this is itching to breakout, just needs more exposure among the sissy value investors rather than fickle day traders…I will cut losses if this drops too much though, I will never risk massive losses.
DRGZ is the latest big-winning blatant pump & dump, shooting up 330% to $2 yesterday…a report from Pinnacle Digest appears to be behind the pump, most market sources say this is only a $2 million company, but when penny stocks do reverse splits, data cannot be trusted…the message boards say the CEO gave herself 5 million shares…that wouldn’t surprise me…huuuuuge potential short, trouble is gonna be finding available shares
NHYT is the hottest pump & dump right now (as promoters and suckers combine to sell the previous hot ones SPNG & VRAL…as some suckers still can’t understand why their “revolutionary” penny stocks are dropping), all sorts of promoters in on this one to manipulate it higher from 20 to 40 cents/share…11 million shares traded means promoters and degenerates are cashing in bigtime, nice sign of manipulation in front of the ignorant SEC’s face…definite potential short, but again, it’s tough to find shares to short (when you get frustrated not find shares, take the day off…remember, free money isn’t easy, you’re gonna get rejected quite a bit)
LZB continued its breakout to the highs $5s…remember I bought in the mid $4s and sold in the high $4s on a clear technical breakout…oh yes, there is a longterm strategy possible for PennyStocking, that’s what my Covestor auto-trade account will be (so stop emailing me because auto-trading isn’t possible with my true short-biased short-term strategy)
APP is the popular American Apparel brand, which has gotten rocked the past few months, yesterday was its first big up day from $3 to $3.60, potential buy or short depending on how this pattern plays out
XRTX and CHRS are both close to breaking out of multi-week consolidations, each is within 30 cents/share of breaking, both are potential buys for my longer term account
Tags: Potential Plays, Testimonials
