Hot Stocks: 12 Hard Hit Microcraps Trying To Surge Higher

32 Responses

1. 1be-the-ball

   March 25th, 2008 at 10:38 pm

   

   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’t including in their touts.

   I lost a few bucks myself dabbling in options with him. I made my choices, not his fault, but the way Cramer and the site tout his picks is bogus.

   If you have any thoughts of following him, please either email me personally (Cogswell@hotmail.com) or do a Google search and you can find the dozens of options traders who have posted about the risks in his methodology. I wrote to the editor as well to express my dismay.

   Soapbox going back in the closet now.

2. 2be-the-ball

   March 25th, 2008 at 10:39 pm

   

   BTW, Tim the site is REALLY slow tonight, just FYI

3. 3timsykes

   March 25th, 2008 at 11:11 pm

   

   test

4. 4Brian D

   March 25th, 2008 at 11:25 pm

   

   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.

5. 5Justin

   March 26th, 2008 at 1:15 am

   

   Man, linking to Google finance - I thought you were all about Yahoo! Finance! Pfft. Look at those hammers / shooting stars; nice.

6. 6silentmax

   March 26th, 2008 at 1:30 am

   

   ei to the guys using thestreet.com im curious has your video been working properly their video feeds now are crap

7. 7etol

   March 26th, 2008 at 7:04 am

   

   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.

8. 8aakash

   March 26th, 2008 at 7:24 am

   

   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.

9. 9timsykes

   March 26th, 2008 at 8:14 am

   

   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

10. 10coolguy

    March 26th, 2008 at 8:41 am

    

    Bah, little interest on something that dropped over 8%?

11. 11Tony Ellis

    March 26th, 2008 at 8:43 am

    

    bought TITN @ 21.5

12. 12timsykes

    March 26th, 2008 at 9:02 am

    

    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!

13. 13timsykes

    March 26th, 2008 at 9:09 am

    

    shorted 1,000 BPAX at $3.28, could be just a morning fakeout, but c’mon reversal!

14. 14tsa

    March 26th, 2008 at 9:18 am

    

    SOLF is on down trend this morning

15. 15Max

    March 26th, 2008 at 9:22 am

    

    Also short 300 shares of BPAX @ 3.31

    price action and volume looking good (I could have shorted at 3.33 but I hesitated)

16. 16tsa

    March 26th, 2008 at 9:27 am

    

    1000s short BPAX average price 3.25

17. 17tsa

    March 26th, 2008 at 9:41 am

    

    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

18. 18timsykes

    March 26th, 2008 at 9:47 am

    

    covered my BPAX at $3.17ish, off by a few cents, but i dont like these big buy blocks either, i prefer easy meltdowns :)

19. 19timsykes

    March 26th, 2008 at 10:18 am

    

    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. 20tsa

    March 26th, 2008 at 10:27 am

    

    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!

21. 21Davey

    March 26th, 2008 at 10:28 am

    

    Nope I’m seeing that too, and if that’s permanent that is really annoying

22. 22Max

    March 26th, 2008 at 10:29 am

    

    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

23. 23Sequoia

    March 26th, 2008 at 11:29 am

    

    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

24. 24timsykes

    March 26th, 2008 at 11:34 am

    

    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)

25. 25manhack

    March 26th, 2008 at 11:46 am

    

    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.

26. 26timsykes

    March 26th, 2008 at 11:52 am

    

    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

27. 27Sequoia

    March 26th, 2008 at 11:59 am

    

    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 ?

28. 28timsykes

    March 26th, 2008 at 12:04 pm

    

    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

29. 29tsa

    March 26th, 2008 at 12:05 pm

    

    BPAX short 1,600 shares at $3.21

30. 30tsa

    March 26th, 2008 at 12:16 pm

    

    Took my profit @ $3.16

31. 31personal finance blog

    March 26th, 2008 at 2:52 pm

    

    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..?

32. 32casio

    March 26th, 2008 at 2:56 pm

    

    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.