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$7,000+ Profit & 8 Cheap Stocks To Watch

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This was sent to TIMalert subscribers at 2:45AM EST, Jew yahhhhhh:

It’s about time I have a contest—here it is: win your very own iPod nano

Thinkorswim-Based Account: $101,675, made roughly $2,000 on my IFNY correct call on its breakout…no other positions/trades, up 139% in 2009 and up 719% 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

$7,000+ profit day for me and the TIMalert subscribers listed below:

+$1021 IFNY. Bought 5,000 shares Friday @ $1.91. All out today at an avg price of $2.13.
-Adam N.

IFNY Sold at 2.19 for a 1,200+ profit.
-rusty

+$400 out of IFNY at $2.12
-vorourke

made some $$$ on my PIR entry from Friday (5.45 / 5K shares)..sold out at 5.69 for +$1200
-YB

Scared out of IFNY earlier. +$80.
-bill

IFNY, Sold at 2.22. Plus 220 before commissions.
-zulobb

Sold IRE @ 8.08 +105
-Kerry

IFNY Macro Profit +21.51 (After Comm.)
-traderinnyc

+50 on IFNY….cant seem to break 2
-csk312

+$104 on SNIC. Sold 200 @ 12.27. Kicking myself. Thing ran up to 12.8 like 2 minutes later.
-AD

+175 on PYMX short – only 3000 shares.. too impatient
-curtly

lost 54 on KERX made 60 on RWS short and made 220 on MGM short
-scrillawill

Sonic Solutions (SNIC) is simply on fire in the mid $12s…it’s going up each and every day and it’s price level is beginning to reach the mutual fund crowd who loves a good story stock. Potential buy, especially on dips.

Athersys Inc. (ATHX) surged from $1 to $2.40 yesterday on positive drug partnership news with Pfizer Inc. (PFE), but faded all day long from $3.85…potential short on any further spiking, but I’m not rushing as it’ll probly be choppy.

L&L International Holdings Inc. (LLFH) finally fulfilled the breakout to 6.50…took a few days too long for me to stay in, but congrats to several TIMalert subscribers who had patience…just like LZB breakout and SEED breakdown, good solid pattern, potential buy still.

Pier 1 Imports Inc. (PIR) continued its breakout, but barring any big move today, it’s off my watchlist due to it being such a boring stock…I’m sorry, a perfect technical breakout on strong earnings and all it can muster is a few cents/share above previous highs….zzzzz

Jbi Inc. (JBII) really surged after people realized their Friday PR foreshadowed positive news upcoming, breaking out past former high of $3.55ish to $3.80ish before fading late day…potential buy still, but it’s over-extended and its inability to hold its breakout proves that…not gonna short ahead of fluffy positive news although depending on the reaction to that PR, I might short sooner than later.

Optimized Transportation Management, Inc. (OPTZ) the pump & dump cracked 30% lower….not a share to be found available to short, so very sad, but that is common with these perfect ones.

Infinity Energy Resources, Inc. (IFNY) had a scary morning panic, but held firm in the $1.77s (see my new Level 2 DVD to see why I held through that) then gradually rose al day..I sold my stake at $2.17 when I saw big sellers in the 2.20-2.25 range and because I am flying later this morning (I don’t like risking positions while traveling)…potential buy still, but volume needs to keep up

eOn Communications Corp. (EONC) keeps uptrending to 3.60 now…so what if my SEC filing research was right, the price action says higher…just a $10 million company with an entire message board of traders behind it, let it go to 4-5-6 for all I care…the higher it goes, the harder it falls once people realize the truth, pump it, pump it, pump it up Lionmaster, do your thing, potential short but only after it spikes enough (no I won’t buy on the way up because reality could smack this down at any time

Posted in Daily Stock Watchlist