This was sent to TIMalert subscribers at 10:30PM last night to prepare them for today’s trading day:
See why AENY’s 25% drop today was predictable
Jim van Meerten called me a liar and fraud without any shred of evidence or proof, proudly claiming I post with aliases (he doesn’t get that I have no time for those games not to mention there are 1,500+ TIMalert subscribers who yes, do have the power to post their own thoughts everywhere) so I picked his assumptions/fabrications apart one by one…stupid old man, wait til you hear our podcast in which I dominate him….the guy recommended CLRH & NXTH allegedly based on price action alone…didn’t even read SEC filings or realize they had the same CEO/same IR firm sending out promotional mailers….he claims ignorance, but it seems fishy to me….and he’s definitely as dumb as a stock promoter so if the old man diapers fit, Jim van Meerten has to wear ‘em.
Thinkorswim Trading Account: $120,000ish, up $400ish on my overnight IFLG short, this account is up 17% in 2010, up 141% in 2009 and up 863% in 27 months
Conservative SogoTrade Account: started on 11/24/09: $140,866, no trades, no positions, account is up 23% since 11/11/09 start
Conservative Interactive Brokers Account: $179,607, made $914 on my latest IFLG short, up 20% since 05/01/09 start
Aggressive Interactive Brokers Account: $61,005, profited $2,361 on my AENY short, account is up 22% since 11/11/09 start
‘Twas a $14,000ish profit day ($3,600ish profit day for me) for the TIMalert subscribers listed below:
Covered 2500 AENY after Tim at 3.30 and 3.31. Profit 3588 USD. I was holding 2200 shares from 10-th of February and added 300 today 3,65. Broker was IB. Lucky i didnt get buy in. Thanks Tim for education!
-hardo
Covered 5K shares ASTC 3.62 from 3.83 ..+$1050
-YB
IFLG +$1045
-mas
Covered 1,000 shares of AENY for $945 profit and managed to find 200 shares to short on IFLG and covered for a profit of $261. Total profit today of $1,206. Thanks so much Tim!!! LG
-EG
Tried to short 3,000 shares of AENY – got a fill for 300 – still net gain of 119.41 after commission. Thanks.
-ML
-$1025.60 on VSTNQ
-Reaper
+345 on IFLG
-csk
SOMX tanked and banked $602. Nice call from the chatroom!
-whizzler
+$990 unrealized on IFLG… +200 on SQNM, cowardly exit, but didnt look like it wanted to go below $7.85
-tbohen
I just covered ASTC at 3.44 for $230 gain
+$486 on AENY. Thanks Tim!!
-RB
-$230 loss on VSTNQ short. Shorted 2k @0.50 this morning, covered @0.61.
-nifri
Had 2000 AENY, covered 1500 @3.5 for $300, still holding the rest, unrealised $400 for a total of $700.
HSCO short, another one I covered waaaaaaaay to early, up $250 nevertheless, cant complain.
-parabol
+$185 on SOMX short. Small gain on a small position and predictable short pattern, thanks again Tim for the lesson!
-Realaax
Wikiloan Inc. (WKLI) and MedCareers Group, Inc. (MCGI) are for TIMalert subscribers only!
Pacer International Inc. (PACR) had the perfect pattern, for shorting, but since it was an earnings-based runup, throw reliability out the window…and as expected, it retraced and then bounced hard, almost breaking out to a new spike high…similar bounce to similar earnings breakout play ISSI…no play, just for learning
Global Health Ventures Inc. (GHLV) did retrace perfectly since it’s promotional mailer stock, but since it was only up from 75 cents/share to 1.25/share, the 10% drop amounted to no more than a few pennies/share…for jackals only, not me, next!
China Energy Corporation (CHGY) has now surged nearly $1/share fro 75 cents/share to 1.69 on the back of storng earnings…no way to tell how long/far this goes…reminds me of CDII so if history repeats itself, I’d run the numbers and find lots of skeletons and short the stock and right as it was about to fade, the slimy day trader Lionmaster will start pumping this now and I’ll get squeezed….but since we know how Lionmaster works, we can avoid mistakes of the past, even if I absolutely nailed CDII over a multi-month timeframe…and we never did find out if Lionmaster was compensated (since CDII has a history of stock promotion)
VirnetX Holding Corporation (VHC) is for TIMalert subscribers only!
Astrotech Corp. (ASTC) retested that 4 level before fading AGAIN back to the mid 3s…very discouraging for longs and momentum buyers, several subscribers banked on the afternoon fade….3.90 all the way down to 3.30ish before a slight rebound, no play for me now though
InfoLogix, Inc. (IFLG) I absolutely nailed as it broke below the key 6.60 multi-day support…locked in profits of another $1,000 or so…still short some overnight, aiming for a morning panic…I’d short bigger, but the volume is contracting now and I already have profits of $22,000+ on this stock so I don’t want to risk any spikes if I can help it….wasn’t sure it was gonna crack today, that’s why I covered and had to reshort at 6.60…congrats to everyone who banked on this, it’s now a 36% drop from where we initially began shorting a few days ago.
Americas Energy Company (AENY) I have never nailed a stock like AENY, doing a detailed post this morning explaining why it was the biggest gimme short in the entire stock market…and I did that post BEFORE it tanked 25% late day today…I even got scared out of my short at 3.25ish, profiting $2,500ish but leaving $2,000 in profits on the table…no regrets as I’ve now made $6,000+ on this stock…find stocks you understand, wait for the chart and then just ravage them…I hope we get an illiquid OTCBB morning panic down to $2 at which point I’d actually buy on the bounce…understand any drop and bounce like that will be too quick for email/text message alerts, so PennyStocking Silver subscribers get ready for some potentially quick IMs…everyone else, well, that’s why you pay $50/month instead of $99…feel free to upgrade by contacting us so we can set you up….difficult not to justify the extra few bucks for some potentially great trades you’ll miss due to timing issues.
Posted in Daily Stock Watchlist