This was sent to TIMalert subscribers at 10:30PM EST last night to prepare them for today’s trading:
Special 30% off sale until the end of the year compliments of my girlfriend
Good interview with trading psychologist
Thinkorswim-Based Account: $101,961, no positions/trades, up 140% in 2009 and up 721% in the last 2 years
New SogoTrade Account: started on 11/24/09: $108,203, no positions, no trades, account is down 6% since 11/11/09 inception
Conservative Auto-Trade Account: $178,462, no positions/no trades, account is up 28% since 05/01/09 start
Aggressive Auto-Trade Account: $58,973, no positions, no trades, account is up 18% since 11/11/09 start
$2,000ish profit day for me and the TIMalert subscribers listed below:
$1kish profit on buying into the morning spike on choppy ATHX Tim, thanks for nothin’ ☺
-GRC
Covered 1000 ATHX @5.30 from $6.05ish for ~$600 profit.
Covered 1000 CIIC @2.80 from 2.99 for $180 profit .
Shorted 1000 CGEN @4.48 premarket, covered too soon @4.25 for ~$200 profit.
-Parabol
Compugen Ltd. (CGEN) didn’t get the 2nd-day ATHX spike and continued fading perrrfectly from 4.5 to 4 all day Thursday…probable further fading, but I’d only consider it a short into a big spike…doubt I will play it at all
General Growth Properties Inc. (GGWPQ) morning spiked from the key $12 breakout level to $12.75 all by 9:45am EST on Thursday…memorize this chart and realize the spikes you see in these stocks are not related to newsletters (some people mistakenly believe TIMalerts influences stocks), this is how penny stocks trade when they breach key technical levels…no play here now, the predictable move is now over although it’s probly still a potential buy for the patient people out there.
Athersys Inc. (ATHX) rose a bit to the high 5s after plummeting to the low 5s the previous day….very choppy, daredevils and people not on Covestor love trading this thing, zzzzz…technical support all in the low 5s, potential short only if that cracks and we must crack the 4.75ish inflection point that caused the latest short squeeze before really interesting me…ALFSS
Atlas Pipeline Holdings LP (AHD) is another potential short, but it’s just above technical support in the low 6s so any drop will have to be on large selling volume, not easy from this perch in the mid 6s…more likely a short on Tuesday or Wednesday if the momentum volume fades and this latest bounce fails…definite potential short though as its three spikes in the past few years have failed.
Infinity Energy Resources, Inc. (IFNY) touched 3 on Thursday, a 63% gain from my initial buy that got me kicked of the narrow-minded/juvenile TheLion.com…great lesson, potential short after volume fades…for now there’s nor eason not to expect more positive news although I won’t buy a stock so over-extended, I like buying the initial predictable breakout (Level 2 DVD package purchasers are gonna see this entire breakout unfold on Level 2, awesome learning!)
eOn Communications Corp. (EONC) is now a confirmed breakout above $4 and people are emailing me if I’m gonna short…no…learn my chart patterns before you make me repeat myself…why is it up? Who cares—it is up, respect it. Potential short eventually when the volume fades and/or if it double tops here in the 4s…not gonna risk getting squeezed on such a low marketcap stock now that its clear that it’s sending signals that it wants to go higher…listen to the market, don’t listen to anything else or anyone.
HI SCORE CORPORATION (HSCO) is a blatant pump & dump up from 75 cents/share to 1.30ish/share…ALFSS, looking for shares to short every day, this will collapse 50%+ just like recent pumps SMC Recordings Inc. (SMCE) and Viking systems Inc. (VKNG) both of which should be investigated by the lazy SEC (I hate pump & dumps with no shares to short, might as well shut down those promoters who refuse to the rewards of their manipulation)
Novelos Therapeutics, Inc. (NVLT) is up from 1 to 2 now after consolidating in the 1.75 range…this could keep going as Thursday was just the first breakout day after consolidation, but it could’ve also just been a holiday inspired short squeeze…potential short for sure.
Camtek Ltd. (CAMT) has surged from 1.5 to 2.5 in a few days on no news but average volume of 300,000ish…potential short, but I’d love to see it surge more, especially to longterm resistance at 3ish, especially if and when the catalyst news is revealed.
Posted in Daily Stock Watchlist