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Posted 5 months, 13 days ago. http://www.timothysykes.com/timsykes/2008/03/27/hot-stocks-7-solar-stocks-to-day-trade-aka-how-i-will-short-them/

Hot Stocks: 7 Solar Stocks To Day Trade aka How I Will Short Them!

Tags: Hot Stocks, Potential Plays, Solar Stocks

(SOLF)—up 50% in 5 days, solid resistance at $15, but solid earnings today means the short side is limited, although it’s tough to be bullish either…let’s see how the pattern plays out, I’ll update tomorrow

0101solf

(SOL)—another 50% gainer within a few days, solid earnings gainer today, nice sideways action between $11.50 and $12, that’ll either turn out to be nice support or resistance, tough to be short until that breaks

0101sol

(AKNS)—now up 75% off its lows, today the shorts got squeezed by a magazine article mention, now this is some news to short into—financial journalism is a total joke! Nice short into resistance at $8

0101akns

(ASTI)—up nearly 100% now, got a nice investment form blah blah blah today, squeezed the shorts…until the last hour. Ideally it bounces tomorrow, but either late tomorrow or Monday, it’ll be a great short when it goes negative under $14

0101asti

(CSUN)—put in a nice bottom just over $6, but the strongest solar rally and it only goes up $1, P A T H E T I C…not volatile enough for me

0101csun

(SPIR)—up 60% off panic selling—in actuality, up 30% off solid sideways price action at $12…much less liquid than these other guys, resistance at $18, not sure it’s worth touching either way here

0101spir

(JASO)—the realest of all these companies, up 4 days in a row, but only 20% (sucks to be real, seriously!) (volatility-wise) I’ll leave it alone, I prefer fake/fraudulent/hype-filled stocks, say hello to the social security-earning investors for me!

0101jaso

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59 Responses

Pages: « 1 [2] Show All

  1. 51Dan

    March 28th, 2008 at 12:10 pm

    Nice work today, Tim.

  2. 52NeilTheRealDeal

    March 28th, 2008 at 12:13 pm

    no I think you can trade all you want if it is a cash only account. to trade borrowed funds (margin account) you need to maintain atleast 25k. am I right?

  3. 53Adrian

    March 28th, 2008 at 12:27 pm

    Was long solf took a little hit was going to short but its a risky play right now instead went short akns

  4. 54NeilTheRealDeal

    March 28th, 2008 at 12:31 pm

    nevermind I was wrong. you need 25k in your own equity to make more than 3 round trip trades in a 1 week period. now I’m confused as well. I’m wondering how Tim gets by this. Seperate accounts?

  5. 55Tony Ellis

    March 28th, 2008 at 12:36 pm

    Nice sideways action on ASTI

  6. 56S Adams

    March 28th, 2008 at 12:57 pm

    Watching SCON. Long now short later?

  7. 57timsykes

    March 28th, 2008 at 12:58 pm

    only have 1 account, now worth $17360. yah i’d reshort REED today if i could–probly into a weak close, looking for it to go under $4 next week–but afraid of doing too many trades so i won’t do any more today.

    as i’ve said, TOS has told me i’ve been flagged as a pattern day trader but they won’t restrict me unless i abuse margin…its so gray area, i’m just thankful for the few trades i can do, will look to reshort REED on monday, hopefully it can get a little spike here, but its not looking to good

  8. 58S Adams

    March 28th, 2008 at 1:00 pm

    Fargan Schwab wouldn’t let me short AKNS at 8.05. No shares.

  9. 59lmsmith

    March 28th, 2008 at 2:13 pm

    I shorted 1k shares of pos AKNS at 7.62….. holding… I believe it will drop back around 5 ish….
    sill holding my solf short.

Pages: « 1 [2] Show All

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