This was sent to TIMalert subscribers at 7:55am EST because I am goooood:
TIM trading account—now stands at $71,450, no trades/positions…account is up 5% in August, up 68% in 2009 and up 475% in the last 22 months
Longer Term Account $54,277, no trades, no positions, account is up 8% since May 2009 inception…this account can be auto-traded by subscribing HERE
TIMalert subscribers still made $1,000+ yesterday on a day that people learned: DON’T TRADE BIG WINNERS UNTIL THE PATTERN SHOWS ITSELF AFTER THE BIG BOOM
bought RTK in at 1.76 out at 2.39 made $1,200ish. Let me know when to short it Timmay!
-John C.
Got out from RTK @ $2.33 Up $400ish…
-jspmedia
-$1386 on my 20k short of RTK. Still a good trade IMHO to short on red in afternoon.
-Reaper
out of RTK for +120
-Chris
shorted SPDE at 4 and covered at 3.7 +$130
-ub7
Thanks Tim, out SPDE for a $320 profit
)
-Bull
covered CERS AH at $2.96..Up $400ish…done Daytrade for this week
-jspmedia
SPDE had another big morning spike from $2 to $4.33 on news their subsidiary is partnering with 3M…these spikes are nothing more than momentum trades pushing up this low marketcap stock..,if I can find shares to short, I will try to short a small position for the probable fade lower to the $$2 over the next few days…I hope we can get a little short squeeze first, but that’s just wishful thinking…for those wondering why I don’t jump on these shorts right away, sure, there’s a good chance at s low fade like SPDE already has shown, but there’s also risk of getting squeezed so I trade, or in this case not trade, to be extra safe.
ISR gapped higher and then faded a bit…no real play here for me, just watching as we probly get some more strength today with possible more fading
RTK spiked nicely yesterday morning to squeeze lots of over-aggressive short sellers, but then faded nicely from $2.90ish to $2.12ish…with 80+ million shares, this is one popular stock with traders which leads to fakeouts galore…even though it finished down 10 cents/share yesterday, I didn’t short because I think we’ll get another morning spike or at least a little fakeout…see how it frustrates Reaper with this nice trade recap blog post…potential short for sure today
EDAP got FDA approval for a cool device that dissolves kidney stones, spiking the stock from $1.5 to $2.5 mid-day yesterday…late day, momentum buyers took over, pushing the thing all the way to $5…still just a $40 million marketcap…potential short on any excess strength.
CERS is another drugmaker that got approval yesterday, Swiss approval, pushing the stock up from $1.75 to $3ish…these are all potential shorts, but I hate shorting the first big up day, so keep an eye out for proper/actionable fading price action over the next few days.
QGLY finally had a down day, which would normally excite me, but volume is anemic at 30,000 shares traded yesterday…zzzzzz, no thanks, might not be a bad trade for someone with a tiny tiny account under $10,000.
Posted in Potential Plays, Testimonials