Only 24 hours left now on my special blowout 50% off everything in my online store sale…see details HERE
LiveStock is today 1-2PM EST, tune in and email me with your phone number and any questions you want answered as we’re gonna do live phone calls again!
My brand new “TripAdvisor For Finance” Investimonials.com was just featured in TechCrunch, check out the awesome article
TIM Trading Account: $98,500, up approximately $500 on my DRAM short, looks like I will bank due to overall nasty market….account up 8% in November, up 131% in 2009 and up 690% in the last 2 years
New Sogotrade account started on 11/24/09: $111,470, I lost $3,530 aiming for a perfect month and trading like an egotistical amateur…not disastrous in terms of $ loss, but so poorly executed it is embarrassing
Conservative Auto-Trade Account: $178,344, made $1249 shorting and covering DRAM…account is up 30% since 05/01/09 start
Aggressive Auto-Trade Account: $55,401, made $2,500 shorting and covering DRAM, account is up 11% since 11/11/09 start
Vermillion, Inc. (VRMLQ) filed their reorganization plans on Wednesday, good for them….the stock jumped a bit to $19, but the lack of any substantial volume means it’s a potential buy, but I’m sitting on the sidelines for now.
Bryn Resources Inc (BRYN) has now surged from 2 cents/share to 80 cents/share in just the last few weeks, beautiful pump & dump….very similar to IMGG and NPHC…all three are potential shorts, especially longterm, but this one could keep going first so I won’t short until I get my typical Supernova pattern (watch my original PennyStocking or brand new TIMfundamentals Part Deux DVD packages to understand what I’m talking about)
Euro Tech Holdings Co. Ltd. (CLWT) is one of the worst publicly traded companies in the world, it has a loooong history of fading after big spikes so I expect downside after this latest surge from $2 to $3, especially with Asian markets down so much currently.
QLT Inc. (QLTI) is a clear breakout buy if it can break above 4.5 resistance in any convincing fashion…gonna be tough with such a negative overall market, but last breakout it went from 2.5 to 4 within a few weeks, potential buy.
Origin Agritech Limited (SEED) I had some of the worst trading in a very long time…I even said I expected morning strength, my problem was I added to my short too early at 10.67 and panicked too easily at 11.34…made some back with a mid-day short basically predicting the hugely negative Citron Research report that said their PR was all fluff…interesting, but this is one tough stock to trade….rumors of a PIPE financing in the $8s, potential short, especially if it can crack below the key $10 support, although with the nasty futures right now, it might gap down too much for me to short in the morning.
WIND WORKS POWER (WWPW) has already dropped 25% form its manipulated highs…this is one sorry pump & dump and the promoters involved should be embarrassed. Potential short still, this should drop big longterm…as all pump & dumps do.
Netlist, Inc. (NLST) has managed to trade sideways in the mid $6s for several days now…will volume continue fading and it finally crack lower? Probly, but it could also squeeze shorts with any news//excessive volume…potential short, or potential buy if it can break above 8 on strong volume…those who say I led subscriber to ruin shorting this in the 5s need to understand I am often wrong, but I cut my losses quickly…anyone who refuses to cut losses quickly is ignoring my rule #1 and cannot be considered trading my strategy…people actually think I make these rules up for fun? Do you not understand I am the realest trader in the world and all I want to do is teach you guys! TIMalert subscribers and I banked $40,000 shorting in the 5s and covering in the 4s
Dataram Corporation (DRAM) I am short overnight 5,000 shares at 4.17ish as they reported horrific earnings and broke below key 4.20 support…I’ll look t cover this today or next week in the mid 3s as they will probly need to do a financing at discount prices just to stay in business, good for short sellers!