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$20,000 In TIMalert Subscriber Profits & 6 Strong Penny Stocks To Buy & Short Sell

Posted by Timothy Sykes on Fri 21st of Aug, 2009 12:20:28 PM

This was sent to TIMalert subscribers at 4:20AM in honor of the few marijuana penny stocks out there…the idiots are gonna sucker a lot of potheads, God bless America:

LiveStock is today 1-2PM EST, we’re just talking stocks hardcore so get
ready, tune in and watch live

Wow, RTK was just a masssssssive winner for us and I covered a bit too
early, TIMalert subscribers banked $20,000+, just awesome!

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 $55,096, made $820 shorting and covering RTK on the
predictable morning green-to-red-drop, account is up 10% since May 2009
inception…this account can be auto-traded by subscribing HERE

Look at the gains: $20,000+ shorting crap like RTK, SPDE and EDAP…just a huge day for PennyStocking

Made 669 on RTK thanks tim
-scrillawill

out $RTK +$1700ish
-Tbohen

RTK was a perfect call. I went big and made $12.7k, thanks bud
-E.R.

+$667.76 on that RTK plunge … not gonna hold a position here when it
refuses to go red.
-Reaper

made 134.31 thanks tim
-kash

Short at 2.44 out at 2.22 for a $220 profit! :)
-sandra

Short @2.34 cover @2.16 …$170 net profit.
-parabol

Covered RTK short @ $2.21 for a $260 profit.
-adam n.

Out of EDAP and RTK for $235 profit in all!!
-TC

Made around $500 on RTK thanks Timmay.
-Bull

Nice alert Tim! Made an easy $300.
-Pataxe

SHorted 1400 at 2.335, made $343 so far,
-getshorty

Traded FRZ this morning IN @4.2ish OUT @4.7ish +$500ish
-enslavedbynumber

SLD 1,000 NEPH 2.6000 09:45:39
BOT 1,000 NEPH 2.4300 13:02:25

$160, sweet. I’ve been using stockfetcher.com to scan for stocks 100-200% up from their 50 – 200 EMA, to help find some plays. But still, couldn’t done it without you.
-Marc

nice Reaper, I made $200, you swing a bigger stick than me. Keeping 400
shares with a tight stop just to see what happens
-BTB

Covered RTK @ 2.01 +$274
-ub7

Profit of $348, great call.
-GS

Covered 500 SPDE @ $2.80
After Commissions: + $200 dollars.
-jonReed

Out of RTK at $2.10 for a niiiiiice $455 profit!!! Thanks Tim!
-Kimo

rtk out 100+ could have made more but gains are gains. im happy
-craigels

Total profit of $160 on RTK.
-Thunderhead

+480 edap…got tim morning watchlist on my blackberry at 556am
-jumper

EDAP TMS S.A. (ADR) (EDAP) I was absolutely dying to short when it surged from $1.5 to $6 in 2 days, not due to news, due to momentum buyers pushing and short sellers get squeezed AFTER the initial runup…now all the way back down to $3.76, I still only saw 7 shares available to short at Interactive Brokers…soooooo disappointing, but these hard-to-borrows will happen, next!

Rentech, Inc. (RTK) was beautiful because it was auto-tradeable (through my Covestor account) totally liquid, easy to borrow (Interactive Brokers had hundreds of thousands of shares available), really just a great setup…I’m very proud of the $30,000+ in TIMalert subscriber profits on this one…I shorted at $2.42 and covered at $2.20 for an 8% gain in an hour just shorted for the price action because I believed it would fade from green on the day to red on the day…nailed that for a quick easy gain, trading like the castrated choir boy that I am (TIMfundamentals DVD students get the reference, the rest of you think I’m weird)…late day the scumbags announced a financing deal at $1.75, tanking the stock below $2, but while that news doesn’t surprise me (HEB and a thousand other cash-starved penny stock use the same trick), no way was I going to try to predict it happening and at such a low price…now the stock is dead to me, this financing will make it trade around $1.75 for the next few days, it’s actually good for the company and remember they did win a big contract, just got over-extended/hyped.

Speedus Corp. (SPDE) was another play with the same price action as RTK and this one also faded down for 20% on the day although it wasn’t very liquid, nor were there many shares available to short…several TIMalert subscribers profited on this one though, I probly should have too, but I hate shorting illiquid stock, much prefer RTK!…this stock still has a bit more downside, but its faded nearly 40% off its recent spike high, I probly won’t play it, just keep it on my watchllist for future spikes to short.

Anika Therapeutics, Inc. (ANIK) spiked $2 to $7 after winning approval for their drug…no real play
here yet since its just the first big up day…price action was rather flat all day long

Reddy Ice Holdings, Inc (FRZ) is now up 2 days in a row from $2.5 to $5…began fading yesterday afternoon, but still up 20%…key is a break of $4.50 technical support which it held above, barely, all day yesterday…definite potential short today, but if it does crack in the morning, the drop could be quick too quick for an alert, so let’s pray for a morning spike and afternoon fade (if you’re not familiar with these all-too-common patterns, please stop emailing me and educate yourselves with over 42 hours worth of instructional DVDs…its sad that some of you are willing to risk tens of thousands of dollars before making the effort to actually learn my strategy!

Frederick’s of Hollywood Group Inc. (FOH) the women’s underwear maker has been hot, surging from $1 to $2 on increasing volume the past few days…the company is a carcass, but one insider buying a few thousand shares has got everyone riled up…this is a definite potential short once the proper fading price action sets in (see PennyStocking Part Deux)

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