This was sent to TIMalert subscribers at 11PM Thursday night so they could be prepared for the next trading day:
HERE & get excited about a special guest star!is today Friday 1-2PM, EST,
You guys have until tonight, June 5th, to signup HERE for Saturday’s 11am-2pm EST webinar…it’s gonna take your understanding of my strategy & trading tactics to a whole new level…it will also be recorded, but if you want access you gotta sign up HERE
TIM trading account—now stands at $58,177, no trades, no positions, up $400ish in June after a 21% gain in May & 373% return in the last 18 months.
Longer Term Account $50,737, up $737 since $50,000 on May 1, 2009 inception, no positions.
Lots of potential plays yesterday, but I held back because nothing was perfect for me. AGEN didn’t crack necessary support, OGXI breakout was too expensive/slightly unbelievable (even though the chart telegraphed it), CHLN too choppy…had a mixed day, but on the whole lost $2,500+, the first down day since I started keeping track…mainly because I haven’t taught you guys to trade scared enough as evidenced by several people not listening to me and covering SYMX the previous dya, let alone covering into the morning strength, instead waiting to get squeezed as if they were just a short selling sap. I’m often wrong, but I can never be accused of not playing it safe.
Out of HEB @ 2.88 +$600 (Bad move should of held…good profit though)
In NVAX @ 2.48 (Holding overnight)
Out SYMX. lost $1024.93…2009 TimProfit down to $21,148.58
890$ on HEB!
sold my AGEN at 2.84. +$1050 before commissions.
in and out AGEN 1000 shares. 180 profit. thanks, tim
Sold SYMX @ 1.46 – – Gross $640, net $440..
in NVAX 3.02 out at 3.16 +$140
In NVAX @ 2.93 out @ 3.2001. Quick little $80
Out AGEN -600.00 I like the chart but I aint’ holding no cancer drug overnight….
sold 2k symx at 1.54 made 163.00
Covered 3k SYMX @ 1.22 for $350 loss.
out AGEN, lost 223 incl. commis.
$200 loss here
Got out of symx loss of 340$
I’m out SYMX +$50 stinking bucks…
-$1600 on SYMX
AGEN spiked from the get go to nearly breakout past $3.25, then tanked yesterday, creating a perfect double-top and sucking in a ton of wannabe short sellers…it was a morning panic so I wasn’t tempted then, but I was tempted in the afternoon as it flatlined..but it still finished up on the day and I have little doubt, there’ll be one last squeeze left that would probly scare me out of my position…potential short if it cracks the $2.50 area, but it’ll be tough considering I havesmack in the middle of the day. Congrats to those who saw the double-top at 3.25 and profited during the 75 cent intraday drop, that looks to be the only way to play this…
SYMX squeezed a lot of newbie’s who didn’t trade as scared as I told them they should. In yesterday premarket watchlist I said “I took a good quick loss in order to avert a huge potential squeeze” and that squeeze happened back to $1.50 level…gotta watch out for these morning spikes, they are what puts short sellers out of business…I didn’t enjoy my $1,000 loss but I protected myself from another $3,000+…this is actually a potential buy if it can break the $1.50s convincingly, still a lot of shorts who I’d love to see squeezed…longer term short, but only when the volume/momentum fades.
SPNG I love that this carcass is surging, they’ve got a PR team like no other…1 cents/share to 8 cents/share in2 months, big % gain but not my game…it’s just interesting to see how many suckers actually believe in the product/PRs, I sometimes forget why PennyStocking is so easy and then these absolutely gullible people remind me…they’ll come around eventually, potential short if they can get this pump up more, it’s sad that it takes $20mil in traded stock to push it to 8 cents, lots and lots of sellers, promoters are making fortunes on this one.
CHLN just lost its CFO a day after Stansberry ‘premium’ research liked it due to lots of BS ‘analysis’ (fundamental analysis on penny stocks is useless, trust me)…when a CFO quits, the company stinks….when a Chinese company CFO quits, the company is blatantly rotten…this is a potential short, just wish Stansberry put more PR into their pump to make it a more worthy short, only about 40 cents/share of downside until support, probly not worth my time
OCLS spiked 30% on additional positive drug news, aka the reason why it’s tough to short these spikers long-term, no play either way here now for me.
NVAX is the latest penny stock biotech runner, it jumped 75% yesterday, uptrending all day as leftover shorts from the swine flu runup got squeeeeezed, potential short ones this thing cools down, I’m just not comfortable buying carcass companies because I know how much they really stink & will inevitably crash/fade over time, despite what a manufactured PR says
GROW kept going higher all the way to $10, squeezing stubborn shorts…I’m telling you to use my buy to cover alerts as buy signals too! $8.65 to $10 on this one and $1.21 to $1.50 on SYMX,offers soooooo many profit angles…no play on this one for me now.
OGXI was a breakout buy, as unlikely as it seemed, past the previous high of $22 in the morning, now up to $25…gotta buy the breakouts, shorts get squeeze, momentum player sjump on board, good odds…this even has a fundamental backstory which is why I picked it as a buy in that video interview I did last week…but it’s up from $15ish just a few days ago, too rich for my blood, next!
HEB is up to $3.75 now, squeezing all the shorts who declare this type of runup impossible…oh, it’s possible you overly-confident-soon-to-be-broke wannabes, you didn’t trade scared like I teach in myDVD if you’re short this runner…its time will come, hopefully more shorts get squeezed as to open up more shares to short
GMCR, CBOU & DDRX kept surging as GMCR signed a big partnership, making that bearish Barrons weirdo look like the underperformer he is…DDRX especially squeezed the shorts nicely, these will all have their tops, but no need to get in the way just yet….CBOU is by far the weakest, so it’d be my first short of these 3 when the times comes.
MDLK was a massive penny stock runner, 10 cents to 50 cents in 1 day on volume of 3 million shares…awesome momentum runup, I hope it continues so as to give it more potential downside for a short when the momo runs out, potential short sooooon!