Lsst Friday was a rare combination of several penny stocks being in play along the classic rule which I detail in my TIMtactics instructional DVD package: “The Infamous Late Friday Short Squeeze”…
The big play du jour was the remarkable Netlist, Inc. (NLST), which has now surged from $1ish to the mid $4s in one week…on Friday’s LiveStock you can see me warning people against shorting it when it was at $3, but many didn’t listen and got burrrrrrned. (There are definitive reasons behind my decade-long short selling success)
For the day I personally profited just under $3,000 by buying Vermillion, Inc. (VRMLQ) on Thursday at $21.50 and selling them the next day at $23ish (a nice gain for those subscribers in my new Covestor aggressive auto-trading account), and for the week, I was up a record $15,000+ helped greatly by recognizing and profiting from the misleading press release of eOn Communications Corporation (EONC)…
But I write this post because TIMalert subscribers, and not just the regular few who have all my instructional DVD packages and thus know my strategy inside and out, no, on Friday over 20+ subscribers profited more than $500 each or $20,000+ total, playing all sorts of fully predictable breakouts and breakdowns on several different stocks, all of which were alerted in my premarket watchlist sent Thursday evening.
Check out some of the TIMalert subscriber gains and the charts of the stocks are posted below:
VRMLQ $1330 profit ( overnight profit….2600 from previous day’s profit taking )
PLA ($643) terrible short- don’t short into strength!
NSLT $2648 profit amazing run
NANO $327 profit Took a small loss early in the day then got in when it broke out to go positive on the day.
SHLD (9.30) 52 week high that didn’t move fast enough for me.
IMGG $205 profit Hard for me to believe in the run….so I was in and out very quick thus a small decent gain. on the day about $3,858 profit…Feels good.
-RJ
Oh boy, +$1570 riding NLST since $3.05 …..
-Whizzler
$4200 profit on VRMLQ
-Red
Thanks for the alert on VKNG , bought 6500 shares @ .27 and sold @ .58 for a profit of $2015.00.
-L Wolf
Bought 100 shares VRMLQ yesterday @ 21.99 held over night & sold at 23.50. +$151…thanks tim.
-jbeli
sold nano at 10.29 what a scary ass ride
+$280 NANO
-TF
+$345 on VRMLQ. Tim, any chance you’d jump in again on a pullback?
-Alex F.
out VRMLQ +$368.62
Tried going long NLST, -$368.00 lol
-Reaper
+$370 on NANO, Thanks TIM.
-McBowler
Profit on NANO= $332
… Profit on NLST= $ 420…Thank you Timothy.
-Bull
in VRMLQ avg 22.15, out 23, $165 profit. Thanks Tim!
-parabol64
out at 2.58 +$420
-curtly
out of remaining VRMLQ @ $22.91 for another $800 profit.
-bill
+80 CHLN, +450 REV, +500 NANO, +325 SNIC, – 130 REV, and still holding short from $ 12 TSTC.
-RF
Bought NLST to cover at 2.45… +$350…
-Guigoft
+$100 VRMLQ
-csk312
Got $517,19 profit on VRMLQ. In 22,55 and out 23,42. Thanks Tim!
-hardo
Nice +210 on TELT this morning
-Big J.
Made $280 on VRMLQ today. Quick hit…got in late, got out at 22.60. Thanks!
-Ralph
+456 on NXTH
+625 on IMGG left 50% on the table =(
+100 on VRMLQ
+80 on NANO
+200 on CNLG
Made an award winning scalp on NLST +200
-BN
Up $300 on NLST! Crazy ride, in and out twice.
-TheChatter
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