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This was sent to TIMalert subscribers at 7am EST today:
LiveStock is today, watch me act all jet lagged now that I’m back in NYC by tuning in at http://www.livestream.com/livestock
TIM trading account—now stands at $73,775, no trades, no positions, account was up 8% in August, up 73% in 2009 and up 494% in the last 22 months
Longer Term Account $55,470, no positions, no trades…account is up 13% since May 2009 inception…this account can be auto-traded by subscribing HERE
Get ready for tons of brand new features for TIMalert subscribers when PennyStocking.com launches in October!
Slow day for TIMalert subscribers yesterday, looks like losses of $1,800ish…this is why I don’t trade every day…the losses happened on potential plays, but ALL those stocks have choppy price action, from which I’ve learned to stay away:
Lost $80 on RODM, was short @3.99 yesterday, covered @4.10 this morning. -Parabol
-80 on RBY, didn’t wait for proper signals, forced trading. -BearNine
Lost $1700 on SVA. I have an uncanny ability/ignorance/stupidity to pick stocks with overnight news. Was burned on VG yesterday. Stupid of me to hold a swine flu play over night. At least I minimized the risk. In premarket the worst unrealized loss was about $4000. Now I’m officially down 13% for the year. I’m out of day trades and that is probably better for now. -nifri
Avro Energy Inc. (AVOE) is a recent pump & dump that had its first down day yesterday, dropping 13 cents/share to $2.30 on pathetic volume, potential short, more for the longterm if I can find any shares to short!
Imperial Industries, Inc. (IPII) spiked the low $1s to the mid $3s by 10:30am yesterday on positive financing news and momentum traders piggybacking that news, but by the market close, the stock faded back to $2.39…potential short for sure on any excess spiking, but /I hate shorting positive credit news so unless it spikes a lot very quickly (which will probly make it too fast for an alert anyway), I doubt I’ll trade this today.
Vonage Holdings Corp. (VG) faded 13% back to the $1.40s yesterday and this will make a great short once it finally cracks below the key $1.35 level, but its risky to short a rumor stock on a Friday as deals often get announced on Monday, so it’s a potential short, but I doubt I’ll do anything due to the risk of a big late day /Monday morning squeeze…actually even a potential buy if it does start squeezing
WorldGate Communications, Inc. (WGAT) has now spiked from 50 cents to $1.50 in just a few days on increasing volume…still the shady company, they got a research report yesterday from equally shady Skymark Research which looks like a clever stock promoter…potential short if I can find shares to short! (these pump & dumps are actually good to buy on the way up too, I’ve just never gotten comfortable buying scams…can’t sleep at night)
Mercer International Inc. (MERC) and PolyMet Mining Corp. (USA) (PLM) are for TIMalert subscribers only!
American Lithium Minerals Inc (AMLM) is a metal play being promoted by a few stock promoters, could spike a bit, but I’m more interested in it as a short a few days from now…I love these pump & dumps because nearly every one offers 30-50% drops when the dump is on
Deltathree, Inc. (DDDC) is for TIMalert subscribers only!
China Shen Zhou Mining & Resources Inc. (SHZ) is a shady Chinese metals play…jumped 32% to !.82 yesterday, 4th such spike in 3 months…every other time was a good short, but now we have gold at that all-important level so gotta be careful shorting this one this time…I’ll wait and see how gold does the next few days
China Natural Gas, Inc. (CHNG) is a shady Chinese oil play, but they spiked 25% yesterday to $11.75 on news they raised $50 million in the high $8s…good for them, nobody thought they could do it, but now it’s a potential short if I can get an entry after another day or two of spiking.
Posted in Potential Plays