This was sent to TIMalert subscribers at 4:20AM because many penny stock traders are potheads…seriously….kids don’t do drugs, become a rock star and they’ll give them to you for free! (it’s from a movie, I don’t advocate drugs, I can’t even take NyQuil without getting dizzy…drugs and trading is dangerous)
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 $52,439, I’m up about $520 on my RINO long position, up $2,439 since May 1st inception
So much for me being afraid of the overall market yesterday, big ‘ole ugly Meredith Whitney is the new Abby Joseph Cohen (people want messiahs, you know who to blame) and when she speaks, big ‘ole dumb-close-to-failing institutions listen…good…the market strength made for several great plays, $3,000+ in TIMalert subscriber profits:
bought and sold quickly, +$452.25 for $31,559.61 in 2009 TimProfit
-Reaper
hey tim, $800 profit on RINO. Bought 1000 @ 9.15 early in the morning, sold at 9.95 (it was definitely a bumpy ride)…also, late to report but $600 profit on VRAL. up $3.5k with you. Thanks a lot man!
-P.K.
in at 9.85, out for half at 10.18, holding other half for the open
$125 profit
-BTB
Bailed out RINO before the final bell today @$10.10, $100+ profit
-EK
In RINO at $8.80 and sold at 10ish. Profit of $434 in my longer term IRA account.
-wallie
Bought 1500 shares of RINO the other day with Tim. Sold 1300 today with $300 profit.
-bill
Sold 2000 CIT 1.35 to 1.42 – $140 profit
-hiro
+120 on APWR. Thanks Tim!
-asparmar
APWR had a weak weak gap higher, cents/share or so…I sold immediately at the market open because I though we could get a gap to $8.60-$8.75…this stock really sucks and even though I made $500 buying a predictable hype-over-the-weekend pattern and the stock finished unchanged, this stock is HORRIBLE to play for momentum…disappointing, but I’m glad dozens of TIMalert subscribers banked alongside me.
RINO I bought on its nice morning selloff to $8ish and then a gradual uptrend to the high $9s…I’ve only got 1500 shares at $9.78, so I’m trying to be long term minded in order to get to the $12 I think it can pull off if the volume stays high and institutions start buying…I’ll be flying back to NYCduring market hours tomorrow so I’ll put a GTC (good til canceled sell order in high $10s or low $11s just in case I can get a nice 10% profit
PRAN dropped 20% from the get go today, no real chance to short, very disappointing but no play here now, next!
WAC is a bit higher priced at $14.70, but it’s executing a perfect technical breakout above $14 resistance…this is a slow mover, but it did spike from $6 to $12 a few months back so there is potential for a big move here over the next few weeks, potential buy!
WPTE is breaking out nicely, but has tons of longterm resistance here at $1.50…the reason for the spike is THIS Marketwatch article talking about a possible takeover which sounds an awful lot like insider information, but who really knows…sketchyyyyy, I don’t play takeover rumor plays though, too risky
MNTG is that speculative gambling (as in that’s their business), they had a second big up day today, I’m still not touching it, no matter how many times some of you people email me
AIG is now up 2 days in a row, nearly doubling from $8ish…no, I’m not shorting or buying, it’s a big real company, everyone thought they were geniuses shorting it when it went down several days in a row, now they’re getting squeezed…no edge whatsoever here, stop being a CNBC guessing game right about 40% of the time moron, next!
SOIGF what did I say a few days ago, watch this stock at 55 cents/share because it’s a past pump & dump that could breakout…now at 75 cents/share breaking out perfectly…I missed it, it’s a nice % gainer, but I’m not really interested in playing these sub-$1 stocks, congrats to the PennyStocking DVD students who listened on this one and banked!
Posted in Potential Plays, Testimonials