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Tonight I have received emails and IMs from no less than half a dozen short sellers who are either currently short AENY or are friends with those who are short….all have begged me not to publicly discuss my long position (As TIMalert subscribers know I bought 1,500 shares at 4.64 this afternoon because while I believe this company to be an utter scam, as I have posted HERE, HERE and HERE, the chart and price action tells me it wants to go higher, with $4.90-$5 being the only resistance left until blastoff/full throttle short squeeze.
(Not, aside from last minute tape painting from desperate short sellers down to 4.60, the stock should have closed at 4.77 or 4.78 (bid/ask at the close) and you can see that would be a clear closing high…something that that manipulative short sellers couldn’t let happen)
These shorts like to stick together and expose frauds together and profit from those scams dropping when everyone else realizes they are scams…that’s fine, nice little strategy….I’ve made nearly $2 million employing such a strategy…
But I am not in the council of short sellers and while they congratulate me on my hard work and educational efforts, they have never considered watching any of my 10 instructional DVD packages…they refuse to become TIMalert subscribers and they refuse to learn one of my more important lessons—the worst companies in the world can sometimes become the best stocks in the world due to short squeeeeeezes—in short, they like my blogging and fraud exposing, but they don’t actually believe I have anything to offer them as they are the true masters.
Well, master baters, I do have something to offer you….if you had taken the time to better research through my DVDs, maybe read my book An American Hedge Fund or look at the charts page from my book, you’d know I made my first million BUYING breakouts of frauds (I wasn’t sophisticated then so I didn’t know about frauds, I only knew the charts were breaking out)…and if you read blog posts like this from 2008, you’d know I have no problem, in fact, I actually enjoy buying scams, frauds and pumps when they are nearing breakouts as I know how short sellers think and I know that it’s possible for you all to get squeeeeezed like the little bitches that you are.
I think AENY is a horrific company, but if there’s one thing I’ve taught my DVD students, it’s to be agile and open to what the chart is telling you…not to be slow-moving dinosaurs…adapt or perish.
You wanna be longterm shorts and win if the SEC halts this stock (that’s why my position is so small), go right ahead. But NEVER expect me to ignore a HUGELY predictable long setup and especially NEVER expect me to take a position on my own and not tell others what I’m doing. For while you hide in the shadows, wary of your available shares to short, I trade ONLY to teach my TIMalert subscribers the difference between good and bad trades.
Buying AENY today on a multi-day breakout above 4.60 was a GOOOOOD TRADE.
Staying short AENY when its near breaking out is a BAAAAAAD TRADE.
You clandestine short sellers deserve all the pain you get tomorrow with probable buy ins and your stop losses going off like friggin firecrackers if the stock breaks above 4.90 and 5 and I hope every last one of you remembers it well. No, I don’t wish you painful losses, I wish you painful lessons…lessons which will ultimately help you become better traders in the long run.
I could be wrong and I’ll be forced to get out, but the chart and experience tells me there’s a great chance at a massive short squeeze into the mid 5s (which is what I’ve been saying to PennyStocking Silver members in video watchlists over the past 2 days)
PS You shorts complain of AENY shadiness and yet one of you blatantly painted the tape down to 4.60 at the market close when the bid/ask was 4.77 x 4.78….trying to avoid margin calls/buy ins? You have become what you detest.
PPS Some TIMalert subscribers have already locked in profits:
+$131 on 1k shares AENY
-Reaper
I was a coward! Got out +$100 on AENY. 1000 In at $4.72 out at $4.82. Couldn’t take the stress overnight. Good reversal of strategy on your part! -RB
+300 on AENY Tim
-GR
PPPS I can and will sell my AENY stock at any time, it closed nicely stronger, but only TIMalert subscribers will know my trades within seconds on this trade and every other one too…shorts are rightly nervous about the huuugely bullish chrt (especially given the overall market) and buy-ins, not me, this stock is plenty liquid, over $10 million worth traded today…
Posted in Short Selling, Short Squeezes