Who wants to take me up on that bet? (Mind you I don’t care if they do or don’t, odds are good they will, but I’ll buy if it keeps breaking out or shorting it as the volume inevitably fades…the latest in a long line of BLATANT PUMP & DUMPS!)
When a stock like Netlist, Inc. (NLST) surges from $1 to $8 with daily volumes of up 30+ million shares all within just a few days, there are a TON of profit angles from both the long and short sides.
PennyStocking DVD and TIMfundamentals Part Deux DVD students know best how the pattern goes (everyone should realize I enjoy my greatest success from the short side) and while there are slight variations each time, whether we win or lose (I profited $3,000+ so far as of the time of my writing this, TIMalert subscriber gains are in excess of of $38,000 aka $41,000+ combined…niiiiice…I am now up 131% this year, every trade detailed and verified, now up 681% in 2 years and one month…) we can all laugh at horrifically naïve articles like this one in Barrons, which is supposed to be written by expert commentators.
The simple truth is as we read flawed, and potentially corrupt or paid-for articles about penny stocks, in “respected” financial media outlets like FOX News, MSN Money, Seeking Alpha, Motley Fool and the latest blatant stock promotion in The Huffington Post is that the mainstream finance world KNOWS LITTLE TO NOTHING ABOUT HOW PENNY STOCKS OPERATE.
Which is good news for us….so shhhhhhhhhhhhhhhhhh…HERE’s a good blog post detailing my trades
11/18 NLST Buy $4.16 Sell $4.40 +$947
11/17 NLST Buy $5.04 Sell $5.59 +$2,195
And TIMalert subscribers have made just over $38,000 profit trading this one…so far:
Out of NLST at 4.75, might be a little early, but overall a $1700 gain
-JM
Thank you , shorted NLST @ 5.27 rode till almost close covered @ 4.15 10K shares. $11K winner first day. I’m happy.
-Supergonzo
Awesome day of Tim trades. Recap:Shorted 2000 IMGG @1.64 (before Timmy, hurrah!), covered at a 1.48 avg for $320.Shorted 500 NLST a couple of times:
From 5.60 to 5.25, 5.10 to 5.02 and 4.80 to 4.06. Still short 500 from 4.04. NLST profit $450. $770 Total. Thanks Tim!
-Parabol
Currently up $1550 on 1400 shares and holding overnight.
-
Scott W.
finally out of NLST @ 4.70 = +834
-C
Finally sold my first NLST share @4.82 made $294.
-TraderInNYC
+ 1,332.00 on NLST.
-BN
+$844.40 on the re-short of NLST
-Reaper
By the way made $600 on NLST
-Joe K.
Made $750 NLST and $230 on NANO. You are the greatest. And your old website is too slow to post this.
-Matthew B.
Total profil of NLST since yesterday is $1030.
-Bill
+$604 in NLST
-UB7
Shorted NLST at 5.50ish Got scared too when it spiked to 5.15 and then I saw you cover at 5.04. But recalling RTK and VG and several other supernova’s… i figured “I’m up why not give it a chance”…Covered at 4.86 and it still kept dropping PROFIT OF $630
-XJThings
+425 on NLST
-SB
$216 profit on NLST and $274 on IMGG. still holding of IMGG. first time customer’s gains, thanks a lot.
-peterk
Covered NLST 500 @ 5.17 Closed 500 @ 5.33 Another $300 profit …TOTAL $1734….don’t want to trade anymore today….must have little fun
-David RG
Thanks TIM, shorted NLST with bad timing and still covered for a cool $330 before the close.
-IT
ahead of sykes for the 1st time yay! shorted 5.6801 only 500 shares. added 500 shares after alert 5.57
-enslaved
Covered NLST @ 5.27 made a decent gain of $495.
-Brader
+$981.73 on NLST today.
-Reaper
I’ve never wanted to hold a stock overnight so bad in my life!!! But when I’m up $946.04 on 2000 shares I think I’d be an idiot not to cut and run….
-tbohen
+$221 on 325 shares from yesterday. In at 5.65. Out at 4.95
-Thunderhead
Grand total for the day (Less than two hours) $660!! All on NLST
-TheChatter
Covered NLST for $490 profit.
-Bill
Covered 500 @5.25 for $130.
-parabol
350 shares, +$191 after commissions. Re-borrowed 400 shares in case
-ehrof
I made a nice $500 profit trading NLST today, which doesn’t seam like much, but for my tiny $3500 it was huge.’
-P Lazer
Don’t feel bad brader…you’re not alone. Gain of $775 on NLST
-andrew
250$ NLST, yeah first big win ever!
-sburns
+372$ from only 500 of NLST which was really hard to find , shorted @ 5.25 and out @ 4.5 with lmt order, could hold it longer but did not have enough time to change the sell order. Txs
- Oleg
Total profit on NLST today: $1,496.72 after commissions
-QBantek
Shorted 1000 NLST @ $5.70, covered 500 at $4.75 for a gain of $475. Holding 500 shares overnight…1st profit ever on Short Selling pennystocks, thanks Tim!
-GB
i couldn’t take out for a total of +$340 today ipod heaven!! NLST
-bassman
shorted it at 5.60 and covered it at 5.40 for a quick scalp. thanks tim.
-JC
out at 4.76 + 350 on NLST. Bought on your cover
-zulobb
+450 today on overnight NLST shares, not too shabby, thanks Tim!
-GB
+339.32 buying NLST this morning at 6.04 pre
-Hiro
+372 on NLST on the last spike. I’m loving this stock. Up almost 1500 on it now.
-Scott W.
but in the meantime…. I bought at 7.04 when it held after the first wave up…. 1000 shares sold at 7.65! +610
-H
Out of NLST at the open. +1052.
-Scott W.
BOT +5,000 $NLST @4.23 SLD @4.50 $1,304 in profits on $NLST already this AM.
-GE
Shorted NLST again today when it couldn’t hold $5.00. Shorted @ 4.89, covered half my position @ 4.69 and held the balance overnight. Tue and Wed’s NLST profit = $211 thusfar.
-JimBod
NLST short at 5.02, covered 4.72. Didn’t feel like carrying the trade until tomorrow. small gain +160
-Myrrh
Another +110 NLST, Thanx again tim.
-bassman
Tags: Netlist Inc., Netlist Pump & dump, Netlist Stock Spike, NLST Pump & Dump, TIMalert Review
