This was sent to TIMalert subscribers at 11PM ESt last night:
Watch me introduce a revolutionary stock market app on LiveStock tomorrow live 1-2PM EST
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 $5,200ish profit day ($900ish profit day for me) for the TIMalert subscribers listed below:
Shorted 2000 shares of ASTC at $3.70 and bought back at $3.32-profit $760. Do most of your subscribers love you???????:) Thanks very much for the tip.
-LG
+$20 on WAVX
+$1700 on ZANE
Holding long 1000 Shares of ZANE over night THank you Tim these 2 trades have been my first two trades ever!!!!
-mma
+$48 on VRML and +$115 on BELM…+$401.14
-Reaper
+$136 on IFLG
-SG
Ouch -$567 on SCEY long, just dropped 25% and I didn’t get out in time.
-nifri
Up $479 on the day on three trades:
-pta
CNXT +458
-mstokes
100 of AENY @ 3.56 and covered at 2.28 for +128
out from ZANE +$170.10 Thank you guys
-gogo
+70 on VRML
Thanks Tim.
-bull
$159 realized on VRML
-qbantek
Vermillion, Inc. (VRML) I bought 1,000 shares at 32ish as it looked to be rebounding off a nice consolidation to 29…as I explained in my alert, the reason I bought is to anticipate the launch of their new Ovarian cancer test which is a vast improvement over the current CA-125 test which isn’t very reliable….PR could come any day, but methinks we’ll get some speculators buying tomorrow anticipating a Monday or Tuesday release…or maybe it’s later this month…either way, the trend is great, the anticipation is deserved and whenever the PR hits, there’s gonna be a media firestorm as some estimate the CA-125 test is used 15 million times/year so the market for VRML’s test is massive…that kind of press could spike to this to $40+…I really don’t like buying these illiquid stocks, but the risk/reward is excellent here and I’ll cut my losses quickly if it starts fading
Tivo Inc. (TIVO) I was tempted to buy as it surged 62% to the 16s on a patent win, but with over 75 million shares traded, it’s tough for it to breakout big…possible 50 cent-$1/share gain tomorrow, but it could also drop just as much…I prefer promo stocks
Bell Microproducts Inc. (BELM) I was also tempted to buy late afternoon since the chart is a breakout above $5, but I also remember several other failed breakouts of large companies like this with similar charts and this company in particular has never shown an ability to make large followup moves, especially on only so so earnings and not even a large move at the market open (meaning the news wasn’t as impressive as it was momentum traders piling on later in the day), potential buy but only for the patient.
Wikiloan Inc. (WKLI) and MedCareers Group, Inc. (MCGI) are for TIMalert subscribers only!
Zannett Inc. (ZANE) is for TIMalert subscribers only!
SinoCoking Coal and Coke Chem Ind, Inc. (SCOK) is for TIMalert subscribers only!
InfoLogix, Inc. (IFLG) dropped nicely the first few minutes of trading, encouraging me to give it a chance to pull a morning panic or fade, but some big bidders scared me out at 6.54, right around the previous support (watch my Level 2 DVD package to understand how it influences my trading) and the thing spiked to 7 before I could even get my alert out…that’s the risk of shorting these stocks when they hold key support levels….choppy day, but it still finished higher, now it looks confused, probable reshort after some weak hands have been scared out, ideally we get another quick spike to short into, but I will be extra-careful as spikes can last longer than expected on this one as we saw the other day.
Americas Energy Company (AENY) dropped all the way to 2.20ish, down 42% from my calling it the best short in the market just 2 days ago…nailed it totally, but I covered waaaay too early at 3.25, leaving $6,000+ in profits on the table…gotta remember to be aggressive with ideal promo stocks like this, I tried buying the morning bounce, but didn’t get executed…this looks like it could fall further so I’d love to buy for a dip if it really starts crashing to the 1s…remember same-promoter-mailer-stock-JYHW bounced quite nicely although now it looks like the jig is finally up with these pumps and it’s time for the next round for us to drink!
Posted in Daily Stock Watchlist