On July 13th, 2009 I sent this toby email/blog/text message:
Bought 1500 RINO at $9.80ish In My Longterm Account…I know, I know, it still has yet to breakout past the key $10 resistance, but I’m afraid if and when that does happen, it’s gonna run too far too fast and more importantly, I bought this in my longterm account so I’m gonna try to have patience and hold past $11 (no promises). After all, when I last bought the stock at $9.48, I was anticipating NASDAQ listing, today the company got it and yet it sold off all the way down to $8.12 this morning (which is why using stop losses in penny stocks is soooooo dangerous), shaking ALL the weak hands and now with the gradual uptrend all day and the ability for institutions to buy this stock (many can’t buy OTCBB-listed names) with a strong overall market, a strong story, PE of 5ish, a public competitor trading at 3-4x this valuation and a rabid bunch of traders who love posting on various message boards, methinks it breaks out big and go to $11-12 in the next week or so…anything higher is very possible, but not as predictable…so I’m long for the “longterm” as everyone awakens to this setup….remember fellow Chinese OTCBB-to-NASDAQ play APWR went from $10 to $30 within a few months of getting listed
It took a few days, but check out how the stock has performed since:
I ended up bitching out for an 8% gain (I hate real companies, trading pump & dumps is soooooo much easier!), but look at all these wonderful testimonials from happy PennyStocking DVD students (this exact trading setup I outline in my package)–all told $40,000+ in gains, many don’t want me to post their gains, but below check out 20 or so of them that add up to $15,000+ in trading profits within a few days:&
out of RINO $11.80. 1000 shares = $2650 profit.
started with 7000 5 weeks ago 8500 today rino, apwr
2 trades great
second time with RINO. made $800 the first time, 1,000 the second. total exact profit $1,821.
thanks tim! you are awesome man…
Made $1500 on RINO. Thanks.
in @9.90, out at 10.76…. +1290 thanks Tim!
Up $400 sold RINO@ 10.62… not gonna be greedy.
Bought 9.75 yesterday and sold at 10.38 for $620. Also bought and sold on the day of the alert for another ~$400.
$ 450 profit on RINO. Thanks Tim!
I booked $528 agin with RINO and riding the remaing 300 shares which I purchased @ 9.73…Last time I made $300 with RINO. It’s really a bigger winner.
got up late. still holding my rino with $729 unrealized gain
+$180 on Rino
Sold RINO for a small $82 profit.
sold RINO @10.35-10.37 for $320 profit. Thanks.
Tim: Two trades on RINO, net +$70
+60 on only 100 shares from RINO
First ever Tim trade, make +140 on RINO. Thanks Tim!
Played RINO for a 2nd time for a +$82 profit
Held RINO until it crossed $11.50, then stopped out at $11.48 – nice $725 profit. 2 for 2 with your trades I have chosen/been able to make – thanks, Tim!
sold another 100 shares of RINO @ 11.96 with $220 profit. last 200 shares remaining to go.
So, where does RINO go now? Well, you’ve got a lot ofand fickle traders involved, so holding here in the $12s is risky…the good news is that I meant what I said about the tremendous potential upside for this play so I’m still watching it for a potential buy…as always, will know of any and all my trades within seconds of my executions!