This was sent to TIMalert subscribers at 1am this morning (the daily video watchlist of the 2 best stocks were sent to PennyStocking Silver Subscribers):
The TIMalerts chatroom is pop pop popular, 160 people yesterday, come and join the fun! ( I linked to the www.timothysykes.com/chatroom because as of next week, we’ll start phasing TIMalerts.com out…all trading alerts & video watchlists will be under the premium content section on www.timothysykes.com so make sure your username works (same as TIMalerts.com) and passwords have all been set intitially at 123456…you can change it later, contact us with any questions/login trouble, goal is to get everyone setup perfectly by this weekend!
There will be a very GOOD LiveStock this Friday 1-2PM EST, tune in
Check out this one new student’s blog, you should all have blogs: remember transparency is good, but it’s even better to have people critiquing and watching all your trades as it makes you infinitely more disciplined (I speak from experience).
Thinkorswim Trading Account: $123,381, made $650 on AWSL “long term” short, this account is up 20% in 2010, up 141% in 2009 and up 894% since Nov. 2007 start
Conservative SogoTrade Account: $174,263, up $400 shorting ENCO, account is up 50% since Nov. 2009 start
Conservative Interactive Brokers Account: $179,080, no trades/positions, up 20% since May 2009 start
Aggressive Interactive Brokers Account: $60,444, no trades/positions, account is up 21% since Nov. 2009 start
‘Twas a $25,900ish profit day ($1,000ish profit day for me) for the TIMalert subscribers listed below:
I rocked it today, made $750 on AEN, $560 reshorting ABIO and $4960 short on ARQL. Will probably do overnight.
-MB
Tim +2235 SERV o/n, +430 ARQL (ps. thanks for the hard time this morning)
-Chihuagirl
$911 profit for the day…. THANKS TIM!
3rd day in a row with a solid profit. Tim, you missed my post on Monday evening: +$1889
I didn’t get around to posting yesterday: Tuesday: $850
.3 day net: $3642.80 More than 10% return on my account in just 3 days!
-bob
Today, ENCO +1k plus, AEN +1k. Thanks for sharing your ideas tim.
-yhont
+$300 shorting 1k shares of ENCO. held on through Tim’s cover and it paid off in the last hour of trading. Thanks Tim!
-cosmo
+211 on ENCO…. took a quick profit in 20 mins
+270 on MSEH…. went long, but not long enough for it to drop 18%
-SZ
-200 on SSY, too stubborn, had to cut losses quickly, still holding o/n ABIO, ENCO and AWSL…
-orvpr
+1400 on ABIO today. I also covered my short of ENCO from yesterday for +960
-Scott W.
+295 ARQL
+580 ABIO
+100 ENCO
+140 AEN
-Ethan
+200 on ENCO
+100 on AEN 2 solid trades lame profits, need to start upping my position sizes
-BN
+ $1400 after shorting 1000 shares from 6.70 to 5.299. Thanks Tim!
-elee
i’ve turned $2,500 into $3,345 with gosogtrade in less than a week on two MSEH trades and ENCO
-john C.
ARQL + 1441 holding small position over night
-Mstokes
up 4400 on tim’s strategy this week = 1710 today
-rumblefish
I turned 7k into 11.5k in one month thanks to tim and all you guys
-mas
+660 on ARQL in at 5.41 out at 6.80… +124 ARQL, my first short. Had a small position.
-dba
covered ARQL 6.90 for +1000…. stopped out 7.05 ARQL for -600….will try again later
-YB
Finally made some green-$751 on GRRF today. Could have made more but did not expect it to crash afterhours and I had an automatic stop in place….still very happy with the profit. Thanks Tim. -LG
Nanophase Technologies Corp. (NANX) is for TIMalert subscribers only!
Adeona Pharmaceuticals, Inc. (AEN) had a nice first down day, but has already dropped 30% from its 2.50ish highs…like ESPH, its difficult for these sub-$2/share stocks to really drop more than 30% within a few days unless they are promoted mailer stocks like NXTH, MSEH, AENY which can just collapse once the promoters stop promoting.
Cascadia Investments, Inc. (CDIV) kept surging all the way to 70 cents/share…beautiful breakout chart pattern, again, I just don’t like playing stocks under $1/share, not worth it when I don’t like taking big positions and yet I do want to make $5,000/trade with my accounts where they are…memorize the chart pattern and dream of when it gets repeated on a stock trading at 10x the current price
Arca Biopharma, inc. (ABIO) was choppy all day with soe spikes and drops…I detest playing choppy stocks and when it couldn’t break 5.30ish lows convincingly, I truly didn’t want to play it…congrats to those who timed it right…buy the lows, short at the highs, it’s so easy , right? Well sometimes the intraday trend breaks and I don’t want to be a scalper…no play unless it really starts downtrending every minute like it did the other day, then it’s a potential short.
International Stem Cell Corporation (ISCO) downtrended PERFECTLY to the low 2s…I coulda woulda shoulda shorted this, just too many bogies, didn’t think there was enough downside, my bad for thinking all of these stocks wouldn’t perform EXACTLY according to technical analysis, crazy run the past few weeks, right? No play now.
Mesa Energy Holdings Inc. (MSEH) I was actually thinking of buying in anticipation of it doing a double top at 3.50, but I’m glad I held off because it absolutely tanked late in the day, possibly due to a nasty article in the New York Observer, but probly not because no penny stock trader reads that high brow junk. More likely, the promoters got tired of buying and this is the kind of dead pump bounce I expected AENY to have (which it didn’t, instead it dropped gradually)…this was just a tough play all around, too thinly traded, too highly manipulated…perhaps these promoters will now focus on AMOK
Amarok Resources Inc. (AMOK) is for TIMalert subscribers only!
Electrovaya Inc. (EFLVF) is for TIMalert subscribers only!
Atlantic Wind & Solar Inc. (AWSL) speaking of stinky stocks, this company just got WRECKED by investigators at TheStreetSweeper.org…I can’t make this stuff up…allegations of them making up their entire failed acquisition…this will likely end up under 10 cents/share, but I took my $650 profits on my short at 1.90 because there was a wall of buyers at 1.80ish and I don’t like being exposed as a short on such an illiquid stock…who knows what evil lurks in the upcoming press releases of such devils…potential longterm short, definite short on any big spike.
Encorium Group Inc. (ENCO) finished in the mid 2s making me feel like a little regretful for covering my 10,000 shares short at 3.53ish…in retrospect, I must learn to cover half to lock in gains and not be greedy and not think about how great it is to make $5,000 in a day when most hard working people consider that a monthly salary…great afternoon fade off sideways price action, for all those who ask what does sideways price action look like, here you go! Potential for morning panic down to 2 or even under, this is just the latest HMNA-type delisting play to spike and fall quickly, congrats to everyone who banked…
Posted in Daily Stock Watchlist