This was sent to TIMalert subscribers at 9PM EST last night to prepare the for today’s trading day:
This is the official penny stock pump & dump blog post, detailing the improprieties of GVBP and SPNG, read it and learn, read it and learn, read it and learn, read it and learn, read it and learn, read it and learn…please
TIM trading account—now stands at $73,400ish, made $200ish so far buying RTK and $200ish on my tiny GVBP short position today, up 71% in 2009 and up 488% in the last 22 months
Longer Term Account $159,493, no trades, no positions, account is up 9% since May 1st, 2009 inception…this account can be auto-traded by subscribing HERE
TIMalert subscribers made $5,200+ today, congrats guys, some decent setups!
+$2343 on GTN
-TBohen
Yep, +$959.10 on GTN today and +$245 on CABL
-Reaper
+$150 on GTN here
-BTB
Thanks, sold RBY and made $700 today
-Zulobb
Bought to Cover 300 ARNA @ 4.93
gain of $154
-Brandon
made $1500 on ETFC
-scrillawill
+350ish on ETFC’s buyout rumor hype
-joethemore
two bad trades and 1 good one so far today – down $300ish.
-ehrof
Decided to try shorting GVBP and made just under $100 on the move from $.32 to $.21. Nice call!
-Nathan
Sold more some RTK AH. Total profits of RTK is $591, -$390 on RT. Riding the rest 4500 RTK with Tim.
-Bill
made $100 on RTK.
-darkblue
-$302.72 on RT … those who criticize me for always scalping TIMalerts, this is your time to laugh. In 5k RTK @ 1.975
-Reaper
Lost $300 on CHIP.
-shadow
VeriChip Corporation (CHIP) just keeps surging, up to $3.63, up another 30% today even though it downtrended intraday…definite potential short, but now it has 2 days of solid support in the low $3s…there’s a nice top in now in the low $4s though so it should bounce around that range, 3 to 4, 4 to 3, 3 to 4, and I’ll just wait for it to show me which way it’s gonna breakout or breakdown. Probable fakeouts galore with this many traders playing this stock so gotta be extra careful.
SPNGE I won’t comment on anymore because while it’s fun to read the NY Post’s latest article reporting that SPNGE management, in their infinite wisdom, saw fit to borrow their former attorney’s name in writing lots of opinion letters allowing certain shareholders to sell…seriously, read the article, forged legal documents is just the latest piece to this scam puzzle,
the stock doesn’t move enough to warrant my attention…it’s just a guilty pleasure to read their headlines…oh, they canceled their reverse split too probly because it would’ve raised more questions as to how many shares outstanding there are?!?!?! 1 billion? 2 billion? 3 billion?
Spreadtrum Communications, Inc. (SPRD) had a beautiful breakout from $3.50 to $4, uptrended gradually all day, considered buying it at $3.75ish, but usually it doesn’t move very fast aka is like SCLN which was profitable, but very tough to win big…still watching for further upside, might buy on a dip, very positive chart.
Genta Incorporated (GETA) is choppy, but it keep uptrending nicely…now at $1.03, up another 12% today, sucking in short sellers every day who point to TheStreet.com’s article saying there’s 500 million shares outstanding, not the 130ish million reported on Yahoo! Finance…potential short due to the runup from 40 cents/share, but this kind of price action is bullish, so I’ll patiently sit on the sidelines and wait for signs of the runup cracking.
GVBP faded gradually all day as reports of the company’s email and phone not working…LOL, this is too funny and I’m still holding my 3,000 shares short, now up $200 on a measly $800ish position…my goal is to make $500+, no more PRs means the company is feeling heat for being such a bad fraud, probly from the SEC would be my guess…amazing that some people are actually still buying.
CEL-SCI Corporation (CVM) is a toughie since its longterm chart says short, but its 10-day chart shows a breakout above $1.75 and its sitting at $1.88, down just a few cents/share today…potential short because I know this company well and it stinks, but gotta respect the breakout too so I sit and wait.
BSD Medical Corporation (BSDM) is the latest big biotech penny stock winner, up 100% to $3.83…intraday, it double bottomed at $3.50, I’ll look to short if it can crack that level tomorrow, hopefully late day afternoon fade (see PennyStocking Part Deux if you don’t know the pattern I’m talking about)
Gray Television, Inc. (GTN) was a great short if you were quick this morning as the first day drop became a morning panic to $2.57 (several TIMalert subscribers recognized that and profited nicely, but it’s impossible for me to send an alert and profit from this, it’s just too quick in the morning), but it rebounded gradually the rest of the day, finishing up a penny at $2.96…I considered shorting late day, but the choppy uptrending scared me away…real companies are so annoying, why can’t they put out fake PRs like GVBP? Now you know why I prefer frauds…this is still a potential short, but it’s tough for any trade over a few hours long.
Rentech, Inc. (RTK) and Quantum Fuel Systems Technologies (QTWW) I bought 4,000 RTK at $1.97 late today because it was breaking out of a monthlong base in the $1.8-$2 range on strong volume…news could be upcoming, or it could be this decent to above average says-nothing-really-useful JP Morgan research report on the company, all I know is this was solid consolidation and the stock has proven that it can really spike as it went from 50 cents to $3 just last month…I’d love a retest of those old $3 highs and there are nearly 20 million shares short, but this would need a ton of volume to get up that much, which is why I set my sell target at $2.40…truth is this is so liquid, I might just get out if it goes to the $2.20s just not suck up my time on a speculative play….yes, this is speculative, but at $1.97, the risk of loss was pretty much 10 cents/share, potential gain was 50 cents/share so the risk/reward was great. Afterhours this stock is already at $2.07, so I’d love to sell into a gap up or morning spike…PS sorry for mistyping RT on the text message alert, I try to get everything out as fast as I can, this is my first fat-finger mistake, my apologies. QTWW surged 44% on mid-day news the Us government is funding a hybrid vehicle project, it’s up more afters too so its kinda related to RTK’s alternative energy, same oil-hating trend could only help RTK tomorrow.
Posted in Potential Plays, Testimonials