This was sent to TIMalert subscribers at 10:30PM last night so subscribers could organize how many hot penny stocks there actually are each day:
See all my July trades/recap HERE
Check out THIS great post from one of my top students, a lifetime TIMalert subscriber
TIM trading account—now stands at $70,225, up $200ish on an unrealized gain shorting 800 shares of SPDE at $3…up 66% in 2009 and up 465% in the last 22 months
Longer Term Account $53,597, no positions now…up 7% since May 2009 inception…this account can be auto-traded by subscribing HERE
TIMalert subscribers had a huuuuge day, up $14,700:
Made $1200 on RDN Yesterday. Thanks for the daily posts.
-Keith
3000 $YRCW in on Friday @ 2.24, out today @ 2.82 +$1680
-steve b.
I tried a new strategy, opposite of shorting a company that pumpers are saying to buy. I bought a company that had a ton of negative press and it seemed like the press were getting paid to trash the company. I am up over 50% or $11,500 on CROX. I have no idea where this one is going in the long term. I can’t trust CROX because their president is a clown and they make clown shoes, however, as long as the company doesn’t go out of business I think I will make more. I still have to thank Tim for giving me enough perspective on stocks where I can cut through some of the BS that comes out of the POS manipulators. Oh, wait. I guess I should be thanking the manipulators too.
-mcbowler
out of RTK at 1.10 +200
-wallie
covered China for +$100
-sillyguy
SPDE I shorted 800 near the market open at $3 simply because there weren’t many shares available to short so on these ones that have the potential for big drops, risking a little and grabbing shares to short when available is a decent strategy…the stock faded nicely all day to the $2.50 range until some late day short squeezing to $2.75…since my position is so small, I have no problem holding for multiple days and barring any fluffy press release, I think this will act like a bouncing ball tiring of bouncing…kinda like WUHN
WUHN broke through technical support at $3.50 down to $3…that’s just sad that I wasn’t more patient with this one…I covered my 2400 shares at $3.69…OHB-type trading setups scare me though…congrats to those few TIMalert subscribers who held and profited nicely…this might have more downside, but the place was to short in the low $4s and cover in the low $3s…now the reward is lessened for those still short
Opexa Therapeutics Inc. (OPXA) sucked in a lot of short sellers yesterday, but the stock stayed green all day, finishing up slightly…the day low of $2.01 means that if it ever breaks below $2, it’s gonna tank fast and hard because there are TONS of stop losses there…potential short, but I’m hoping the currnet shorts get squeezed up to $3+ to give the stock more downside when the fall eventually comes…if it ever does considering this tiny company actually won a rather nice deal.
RINO International Corporation (RINO) is for TIMalert subscribers only!
YRC Worldwide Inc. (YRCW) did their labor deal over the weekend and the stock jumped 20% on Monday…congrats to the few TIMalert subscribers in this, methinks its too risky to guess news, but to each their own….no play here now, off my watchlist you disgusting REAL company
Orleans Homebuilders (OHB) finally got some perrrrrfect fading action (as I outline in my PennyStocking Part Deux instructional DVD package, there was a morning tank, mid-day sideways and afternoon fading price action)…I considered shorting late day in the $4.40 range since it’s practically a given this stock will now retest the $4 range, but 10% potential profit on an illiquid stock with potential positive news ain’t exactly perfect/worth interrupting my climbing The Great Wall (which I did yesterday and it was awesome! Yes…that’s the beauty of trading, you can do it from anywhere in the world!)…this stock is still a potential short though
CDC Corporation (CHINA) and CDC Software Corporation (CDCS) are for TIMalert subscribers only!
Echelon Corporation (ELON) is for TIMalert subscribers only!
LIN TV Corp. (TVL) is for TIMalert subscribers only!
Posted in Potential Plays