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10 Hot Stocks Under $10 & How We Broke Even Yesterday

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This was sent to TIMalert subscribers at 12:30am EST while you were watching infomercials:

LiveStock is Friday 1-2PM EST, watch my special Tuesday episode here

Memorize this post as this was a perfect short setup for a stock that dropped 17% on the day, even if I messed up my own trade a bit.

TIM Trading Account: $107,910, made $1400 on my latest AENY short, leaving $2k in profits on the table, grrr, no positions, up 5% in 2010 so far, up 141% in 2009 and up 769% in 26 months

New SogoTrade Account: started on 11/24/09: $109,066, no trades/positions, account is down 5% since 11/11/09 start

Conservative Auto-Trading Account: $179,027, lost $500ish on the failed AHD breakout, account is up 28% since 05/01/09 start

Aggressive Auto-Trading Account: $58,543, lost $400ish on the failed AHD breakout, account is up 17% since 11/11/09 start

$4,600 day for me (realized profits of $800ish) and the TIMalert subscribers listed below, but breakeven total thanks to the last guy listed…who hasn’t learned to cut losses quickly when stocks like IDN give him AMPLE AMOUNT OF TIME TO REALIZE THAT IT KEEPS BASING HIGHER SO NO IT’S NOT A GOOD SHORT…OH WAIT, MY DVDS TEACH THIS:

+$570 this time on 2k AENY … I covered 30 seconds before the alert! Of course, we were both way early.
-Reaper

out AENY +300, I entered way late yesterday, about 2 minutes to close.
-tbohen

out ECOB @ 0.85 = +680… only bought cause i saw IL buying this morning at 0.68
-curtly

Woke up early enough to get Shares of AENY. Made a very quick $231.00 bucks.
-JohnCA

AEN —> +$772 on buying yesterday 0.86 and selling into morning surge.
-whizzler

+$120, i could get only 500 stocks AENY from IB….
-arkan

Oops, I meant +225 on CIIC short
-kerry

+$100 ECOB from an overnight entry. Small position as you don’t know when the promotion will end.
-BC

not sure where to post. Made profits of $2099.20 on AENY short. Still holding 320 shares. Thanks, Roger
-Roger

+300 on HSCO… -700 on IDN for not cutting losses.. +100 on jyhw – trying to rebuild some confidence
-BN

+$873.60 on AHD, and I was getting tea at the time I got the alert
-Reaper

Shorted AHD at 7.42 and covered at 7.27. Plus 300.00…. ECOB..PLUS 175.00. Like standing on a trap door with the sharks underneath.
-zulobb

bot 2K ECOB premarket @ .68. sold for $145 profit.
-bill

Net $194 on EGO before commissions, I love bull markets!
-TF

-200 on AHD
-BN

sold 1000 @ 7.33 when second spike faltered covered at close @ 7.03 – made $300 less comissions
-BP

short at 12.96, 1k, covered 500 at 12.37 for +$295, riding other half, not what you would’ve done but it worked.
-Jc

$800 loss on AHD
-GG

was long 500 AHD at 7.25..sold 3000 at 7.2 flipped and covered at 7.05 for profits of 300$+
-ub7

total P/L -$1128 today. big loss day…
-bill

2800 loss on IDN and 1800 loss on AHD
-ronhanaa

Intellicheck Mobilisa, Inc. (IDN) and ICx Technologies, Inc. (ICXT) have both gone sideways after so much airport security hype…ICXT is actually weaker and looks like it fall off a cliff from the high 7s to the low 7s or even high 6s while IDN makes more sense as a short, which is perhaps why there’s so many shorts in it that they’re all squeezing each other and its sideways price action is actually slightly uptrending…both are potential shorts though, ICXT would likely be first up, IDN may be in a few days…

Americas Energy Co. (AENY) dropped 17%, but I got out when it was only down 7% on the day because I played it safe, just like the first time I took a $2,000 profit shorting this blatant pump & dump…longterm shorts will be rewarded, but they risk buy-ins and short squeezes….altogether I made over $3,500 in 2 days in low risk trading…congrats to those still in it…I know Sam, the guy building the new Investimonials.com is up like $22,000 so stay tuned and wait and see how great Investimonials.com will be when we launch version 2 in the next week or so…Sam doesn’t know it, but he’s so happy with his $22k+ gain, which will likely be $25k-$30k tomorrow that he’s gonna blow off other clients and work that much harder on Investimonials because thanks to me and my little strategy, he won’t need to have any more annoying web clients and finally will have gained financial freedom and it’s all thanks to PennyStocking! Potential short still, just gotta find shares although it’s my fault for playing it extra-safe (a breakeven December made me pull back from being so aggressive after the amazing November we had), no support until the mid 3s

China Direct Industries, Inc. (CDII) and China Shen Zhou Mining & Resources, Inc. (SHZ) are for TIMalert subscribers only!

American Lithium Minerals Inc. (AMLME) is for TIMalert subscribers only!

JayHawk Energy, Inc. (JYHW) is for TIMalert subscribers only!

Atlas Pipeline Holdings LP (AHD) I’ve been watching for days for a potential breakout so when I saw the volume ramping and it hitting its 7.15 highs, I bought and waited to collect my profit…unfortunately, after an initial spike, squeezing shorts to the 7.40 area, it faded rather steadily the rest of the day and little panic ensued before the market close…as I said in my alert, I’d sell if the breakout failed and while this is a safer stock than true pump & dumps, failed breakouts can lead to morning panics…I didn’t want to sell so close to the close, but its tanking left me now choice, as I ALWAYS teach, I cut losses quickly and protected myself against any big damage…my apologies for picking this—just like LLFH and LZB, this turned out to be a fakeout (although this’ll probly breakout again in the next few days, just like LZB and LLFH successfully did)…’twas a good risk/reward setup that just didn’t work out…it happens so I will ALWAYS cut losses quickly…my critics will rub this in, but successful trading comes down to having bigger wins than losses and my recent wins overwhelm this small loss…potential morning panic caused by fakeout breakout might even be a good buying opportunity if it really takes out any stop losses (remember, this one was a potential short a few days ago, fakeout breakouts sometimes create sharp reversals)…congrats to the TIMalert subscribers who shorted, recognizing the failed breakout…I won’t always be right and there are two sides to every trade.

eOn Communications Corp. (EONC) is now over 7…remember I covered my short at 5.90 the other day…some people said, Tim, why are you so quick to get out? I’ll probly be explaining ten years from now, when support holds and I am short, I get out ASAP…when resistance holds and I am long (like AHD), I get out ASAP…I don’t stick around and whine as these stocks are too volatile…this is why I’m a successful trader and why I need to get a piece of paper and nail it into your heads with a nail and hammer! This is a potential short, but not until it shows signs of fading.

EcoBlu Products Inc. (ECOB) is for TIMalert subscribers only!

Posted in Daily Stock Watchlist