THWI dropped another 30% yesterday, now down 70% since this report I did just last week
Thinkorswim Trading Account: $176,659, no trades, this account was up 56% in 2010, up 141% in 2009, up 197% in 2008 and is now up 1,323% since 11/07 start
Total Account Balance: $697,000ish newly rebalanced at $600,000 for 2011, up 57% in 2010
Yesterday was a $6,000ish profit day for subscribers and I (no trades for me):
UnionTown Energy Inc. (UTOG), Jammin Java Corp. (JAMN), THWAPR INC (THWI), Stanford Management Ltd (ALZM), Calibert Explorations Ltd. (CXLT), Sentry Petroleum Ltd (SPLM), COYOTE RESOURCES (COYR), AMERICAN EAGLE ENERGY INC (AMZG) are the paid pumps I’m considering shorting, THWI again had the worst day dropping nearly 30% as the company laughably put out a press release saying it just became aware of the spam campaign…high probability of this being their lawyer recommended response to an SEC investigation…idiots are using the same tactics as former pump KYUS which currently trades at 3 cents/share…this company is so screwed it’s not even funny, congrats to the subscribers who patiently stayed short, it’s now down 70% since my expose and subscribers have banked $20k+…all the others will also collapse, potential shorts.
Asia Entertainment & Resources Ltd. (AERL) was its typically choppy self bouncing back to former support at $9 before fading to the high $8s…potential short still, but be warned, this low floater can really spike
Nexxus Lighting, Inc. (NEXS) consolidated well in the high $3s on such weak news…I hope there’s a short squeeze so I can short as this will likely fade over the coming days so it’s just a question of getting a solid entry price, short high, cover low!
Coffee Holding Co., Inc. (JVA) dropped from the high $7s to $7 before 10am yesterday thanks to a premarket Seeking Alpha article…I’m looking forward to a few years from now where we find these writers have ties to traders and hedge funds with positions because they know their widely distributed articles can move stocks…this is why I NEVER want wide distribution…and you should all thank Seeking Alpha for the perfect pumping and dumping machine for conflicted amateurs that they’ve created…now retired blogger and possible under investigation former promoter Ian Cassel knew that well….no play now, it dropped too quickly for there to be any play.