This was sent to TIMalert subscribers at 10PM EST last night:
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Thinkorswim Trading Account: $115,5551, no trades, no positions, up 13% in January, up 141% in 2009 and up 831% in 27 months
New SogoTrade Account: started on 11/24/09: $110,635, profited $772 shorting CNLG, account is down 4% since 11/11/09 start
Conservative Interactive Brokers Account: $178,807, no trades/no positions, up 20% since 05/01/09 start
Aggressive Interactive Account: $59,228, no trades, no positions, account is up 18% since 11/11/09 start
$5,100ish profit day ($800ish profit for me) for the TIMalert subscribers listed below:
+$623.69 on CNLG short.
+$299.84 on PEIX short.
-Reaper
Up $176 on paper on my short of 400 shares of CNLG at 4.45… Also made $160 going long 30,000 shares on JALSF
-PTA
total of $912 gain on CNLG today, thanks Tim!
-Bob
+$110 on CNLG short, could have doubled that with a little patience, have to learn to control that butterfly in the stomach feeling.
-mudshark
$180 before commissions in CNLG short.
-qbantek
Shorted NLST 2000 shares at $3.62 and covered at $3.36 for a profit of $520.00
-L.Wolf
covered half CNLG @4.2 and other half @4.5 for $100 …
-parabol
CNLG is crazy +120
-Joe
Sold BC 11.09
+80
-TF
On the very first day of my Tim Alerts subscription, I made a quick day trade scalp of PEIX break of 2.00 support on heavy volume. +160.00 Thanks!
-Big T.
Conolog Corporation (CNLG) is for TIMalert subscribers only!
NXT Nutritionals Holdings, Inc. (NXTH) is an oldie but goodie pump & dump play for some “revolutionary” sugar replacement…rumors of yet another mailer being sent out, a few people have told me they received one, but no pictures online as of yet…volume is up and the stock rose gradually just as mailer stocks often do…perhaps Shaq or one of his associates hired this new round of pumping since he can start selling shares rather shortly…potential buy if the mailer is out there, I’be be very careful buying though, given its ability to drop 50% within a few hours when the pump turns into a dump…anybody else get one?
International Stem Cell Corp (ISCO) is for TIMalert subscribers only!
Netlist Inc. (NLST) displayed a beautiful 15% morning panic, TIMalerts didn’t cause it, that’s how these stocks act when they crash though key support levels…at least one subscriber, Leonard who attended my Vegas seminar, nailed this panic…no play now, it’s the breaking of those support levels that’s the easy part.
Americas Energy Company (AENY) lost only 5% from 4.10 to 3.90 in the morning due to the nastiness in the Vancouver Sun, but it rebounded and finished basically flat…c’mon promoters, I’m rooting for you, give us another leg up, I’ll be a buyer if you can manipulate the volume high enough! Gonna be tough to keep this from collapsing, potential short unless there is another round of paid-for pumping.
Japan Airlines Corp. (JALSY) rolled over bigtime from a high of 2.75 to 1.50…coulda woulda shoulda shorted when it begged me to by breaking key 2.50 support after 2 hours of sideways price action (as PennyStocking Part Deux teaches, that’s the ideal time to short these), but I hesitated and when it dropped so quickly, I hesitated some more…can’t hesitate when the chart is so perfect, even if it is news-based, no harm in shorting just 1,000 or 2,000 shares for possible collapse like we saw today…I do regret missing this one…still a potential short givent he chart, still not gonna go big given the news/rumors.
Pacific Ethanol Inc. (PEIX) is another one like NLST that cracked though bigtime support at 2…within 20 minutes, it’d dropped 7% predictably….TIMalerts didn’t cause it, that’s what happens when key technical levels are breached…that’s why I ALWAYS try to time my shorts/buys around these inflection points…you jackals need to learn…I hesitated at the key moment due to the many fakeouts before and the fact that it was a late morning breakdown (which often are the worst fakeouts), but I’m glad so many of you guys have learned enough from my DVDs to do this trade on your own…the rest of the day was boring, it’s still a potential short, but it’s those initial stop losses that make shorting these so much fun.
Posted in Daily Stock Watchlist