This was sent to TIMalert subscribers who have learned not to be the typical penny stock suckers:
LiveStock is later today 1-2PM EST, tune in here
I know its been slow lately, but welcome to how trading only the most volatile and predictable penny stocks works…those who try to force trades when no ideal ones exist usually have to recuperate those losses when the good ones inevitably come around in the next few days…patience and being picky is the key to my longterm success
Thinkorswim Trading Account: $115,300ish, now down $200ish on my AENY short, up 13% in January, up 141% in 2009 and up 838% in 27 months
New SogoTrade Account: started on 11/24/09: $123,135, no trades/positions, account is up 7% since 11/11/09 start
Conservative Interactive Brokers Account: $178,000, no trades/positions, up 20% since 05/01/09 start
Aggressive Interactive Brokers Account: $58,644, no trades/positions, account is up 17% since 11/11/09 start
$1,600ish profit day (unrealized profit of $300ish for me) for the TIMalert subscribers listed below:
+270 on LZB, BC, EGO trades
-TF
+1000 on SIRI long from yesterday morning. Earnings are tonight so I’m getting out before.
-Scott W.
Americas Energy Company (AENY) faded perrrrfectly between 10 and 30 cents/share…difficult to guesstimate how much buying is forced buy ins, but given the incredible fading volume, this is looking to be a home run for me to still be short 3,000 shares, only risk is getting bought in…otherwise, it’s inevitable collapse-ville for this paid promotional mailer company over the next few weeks…I’ll be looking to add to my short as this has $1+ of potential downside and not as much upside with this wimpy volume.
Beacon Enterprise Solutions Group, Inc. (BEAC) is for TIMalert subscribers only!
Ultra Clean Holdings Inc. (UCTT) was very APKT-like failing to build on its big earnings breakout…nice high of 8.98 now so anything over 9 is a true breakout and could run $1/share like APKT although this is a more conservative stock…potential buy, ideally after several days of consolidation.
Clean Coal Technologies Inc. (CCTC) is now up from 5 to 30 cents/share…at one point touching 40 cents/share…hype galore, congrats to those who buy and ride, my way is to wait and short…which I will be looking to do shortly….difficult to find shares to short of a stock up so much though.
Reeds Inc. (REED) dropped 15% to 1.80, a nice 20%+ drop off its highs…seriously gotta ignore the reasoning behind the picks when a paid promoter is doing the picking…they didn’t get paid on this pick, but they like to throw non-compensated picks out there just to show they’re real…maybe the SEC is questioning them, who knows…nice pump and predictable drop, I couldn’t find shares, glad some of you could….next!
Astrotech Corp. (ASTC) is perhaps the only penny stock in the world to be uptrending while having a solid base just below its current price…nice technical breakout above 3, but at 3.30, it’ll face serious resistance at 3.5…potential short if it gets too over-extended, its never been able to hold its spikes in the past.
Posted in Daily Stock Watchlist