Hot Stocks: 12 Hard Hit Microcraps Trying To Surge Higher
Posted by timothysykes on Tue 25th of Mar, 2008 09:19:11 PM
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This is the kind of pattern I like to short into, but only when the stock have risen enough and displayed some signs of sideways price action/possible reversal…so far only VION has and that’s why I’m short 1,000 shares overnight, looking for a 10-20% reversal, everything else I’m stalking…
(VION)
(BPAX)
(SNTS)
(WH)
(CDS)
(SEED)
(SOLF)
(COIN)
(CPST)
(SUPG)
(OPWV)
(XOMA)
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 20 | STXS | $3.21 | $3.48 | $813 |
| Nov 18 | PERY | $4.68 | $5.00 | $640 |
| Nov 11 | IIJI | $2.79 | $2.95 | $442 |
| Nov 6 | CVI | $4.42 | $4.70 | $530 |
| Nov 5 | MECA | $3.68 | $3.95 | $490 |
| Nov 4 | CVI | $5.18 | $4.94 | $472 |
| Nov 4 | CVI | $4.83 | $5.01 | $333 |
| Nov 3 | NAK | $3.30 | $3.37 | $157 |
| Oct 31 | IDAE | $2.18 | $2.18 | $20 |
| Oct 30 | HSNI | $7.37 | $7.86 | $561 |
| Oct 29 | EVC | $1.97 | $2.70 | $1439 |
| Oct 28 | HSNI | $6.92 | $7.30 | $540 |
| Oct 28 | HSNI | $6.20 | $6.00 | $320 |
Total: $35,854 (189%)
Off topic a bit but there are a lot of RealMoney/TheStreet.com readers here. I am shocked and dismayed that they have allowed Lenny Dykstra to start posting on the site and offer a premium newsletter!
Please, please be forewarned. His strategy is extremely dangerous and undisciplined. DO not believe any numbers they tell you about success rate. After Lenny stopped writing in the fall, his portfolio lost over $150,000 that they aren
BTW, Tim the site is REALLY slow tonight, just FYI
test
I’m short SNTS before this article even exposed its bad self. Real tight stop though we will have to wait and see what morning brings.
Man, linking to Google finance - I thought you were all about Yahoo! Finance! Pfft. Look at those hammers / shooting stars; nice.
ei to the guys using thestreet.com im curious has your video been working properly their video feeds now are crap
If you consider shorting SNTS for a short term trade be careful here. Shares are being accumulated by longs recently. This stock has been the bad recepient of a bogus Patent challenge by a generic. SNTS is very likely to win and growth is up Q over Q for the past three. Just a quick synopsis and look at the charts, but I wouldn’t short at this point. Maybe when the stock was at $5-$6 and only then because of the lawsuit.
So with the news that vvtv has missed eps by 9 cents and nbc not putting its shares up for sale do you think the stock will go up or down. Could you tell me asap? thank you.
VION, Nasdaq delisting notice, niiiiice:
http://biz.yahoo.com/prnews/08.....tml?.v=101
SNTS, u mistakenly believe the microcrap’s facts actually matter, It’s on my watchlist but it just broke a key technical level to the upside…so i do agree with u that its nowhere near a short, just for diff reasons
VVTV, i like the afternoon fade yesterday but the downside is too little to interest me
Bah, little interest on something that dropped over 8%?
bought TITN @ 21.5
covered VION @ 2.15ish…nice $300 profit
borrowed shares of COIN and BPAX for possible shorts later today
impressive, if not earth shattering, fades on VVTV, HALO, SEED means its a good environment to be a short seller!
shorted 1,000 BPAX at $3.28, could be just a morning fakeout, but c’mon reversal!
SOLF is on down trend this morning
Also short 300 shares of BPAX @ 3.31
price action and volume looking good (I could have shorted at 3.33 but I hesitated)
1000s short BPAX average price 3.25
Buy back half at 3.12, don’t know if it is too early or not, it seems to be a lots to 3.08 from 3.02
covered my BPAX at $3.17ish, off by a few cents, but i dont like these big buy blocks either, i prefer easy meltdowns :)
is it just me or did yahoo finance remove the time stamps on PRs to make u click them to have to see the time!
20 min ago I decided to cover my position completely at 3.12, so a nice $130 in the pocket, thanks TIM for the call!
Nope I’m seeing that too, and if that’s permanent that is really annoying
covered my 300 BPAX at 3.16 - the price action and (utter lack of) volume simply became too opaque for any sort of rational risk/reward evaluation
Hey Tim,
If I understood right you started a Hedge Fund some years ago (Cilantro, right ?) and failed (this happens of course).
Seeing your trading technique here, I am simply wondering if you were applying the same recipe. Is a Hedge Fund adapted to microcaps trading (I mean liquidity and market size) ? How many million dollars did you manage in Cilantro and why wasn’t it successful ? Not enough diversification ? Volatility squeeze ?
Just curious.
Continue the good job with the blog, it’s entertaining and interesting. Too bad I don’t know the companies you’re trading. Even if TA does not care about the company, it’s good to know if they are selling jeans, coffee or nuclear plants. lol
Sequoia, read my book, the whole story is there, that’s why i wrote it, so i dont have to keep explaining the past and can focus on teaching people what’s worked year in and year out (hint, my hedge fund lost 35% cuz i ignored my trading rules, fell in love with a company and had a large stake in an illiquid stock)
i’m wondering why you didn’t hold you VION short…been dropping steadily. My guess is you just like to pop out with a sure thing.
yup 10% overnight, too easy to take…also low volume/spread/big buy blocks (which later got taken out) all helped my decision…probly goin under $2, but that extra $150 wasnt worth the risk/me waiting all day…really thought BPAX would tank 50 cents so $500 more important than $150
Ok
And do you wish to start a new HF in the future or do you think your credibility is now dead among professional investors ?
LOL, i’m only 35% off my highs, look at the LTCM guys who lost 99%, they’re all running billion dollar funds again. i get plenty of offers, but I don’t want to, I’d prefer to teach…also as u’ll see my core strategy isn’t right for big hedge funds, it’s ideal for smaller investors/traders
BPAX short 1,600 shares at $3.21
Took my profit @ $3.16
Damn..I dump HALO..what a POS..small stink $160 profit…
I know..YHOO sucks. their ad system sucks..Is it good idea to get some 2009 call option for just in case MS pays Yahoo $40 per share..?
no (obvious to me) chances to short COIN “later in the day” as you’d hoped. it dropped, but i didn’t see that coming.
i almost want to buy a 1000 COIN before close and expect a gap-up. i’m too new at all of this to make such a leap of faith, though.