10 Hot Stocks & Other Cynical Views On The Trashy World Of Penny Stocks
VRML Still 1,300 Shares short @ $3.75
LGDI
Both are supernovas, LGDI near its highs, but VRML still up waaay more %-wise…both have fading volume, both can still squeeze shorts even though they’ll probly fail. I’m short VRML cuz it’s up on stock promoters, ill-researched media story and best of all the company is a truly failing biotech microcrap in the same vein as REED, VION, DARA and PSTI—each of which also jumped 200%+ and have now retraced ALL of their gains (PSTI is only halfway, but give its also the newest)
VRML coulda woulda shoulda gone negative on the day, cracking the key $3.40 yesterday, but they smartly issued a fluffy PR I won’t dignify linking to (they formed a committee)(you think they don’t know that would squeeze some shorts c’mon, this is the beauty of pumping–they don’t have actual business to tie them down, their business is getting the stock up!…still, after an initial spike, very nice gradual downtrending all day, great sign, sooner or later, we’ll get some panic selling
HDSN
You can’t stop this air conditioner play (seriously) after it just reported solid earnings…good for 25 cents/share intraday peaks and valleys, if you’re into that sort of thing
OIL
Woooo $125, I don’t care. I hope it goes to $1,000, then we’ll get plenty of great oil pump and dumps and our short selling profits will be that much greater when the whole world is in the midst of a crippling depression!
STATS
No, it’s not a ticker, just thought I’d share that 8 days into this new month, we just surpassed all the page views for December—that calls for a quintuple jewwwww yahhhhh!
CTDC
Great example of why you don’t short randomly strong penny stocks…Let it have its day in the sun, after all, this eternally trashy company just changed industries specifically to hype itself up! You don’t think I know what I’m talking about? Fine go ahead and short it, you’ll either make 50 cents/share or get squeezed $1-2, have fun with that craptastic risk-reward
SUNV
Great example of why you take profits on the reversal and then you move on when it stops going down
ENT
I’d never buy this kind of breakout, classic classic slight afternoon intraday/multi-month breakout above $3 followed by a little tankage—pros trying to create a self-fulfilling prophecy
NNVC
One of the all-time sleaziest companies out there, it ain’t spiking’ cuz its got a future, its spiking cuz its paying to be spiked! Nothing special, just the usual suspects
SYNM
Just because they’ve moved to the Nasdaq doesn’t mean they’re gonna stop paying promoters…it’s a gradual riser now
JYHW
Don’t forget about buying this one if and when it breaks $2.75, they’re a proven pay-to-play pump and dumper
HYBR
Speaking of paying companies, this one is near legendary and is trying to get back in the game. Anybody got a spare $100,000-$200,000 to loan them?
Get Tim's pre-market watchlists, real-time trade alerts & access to subscribers-only website all for just $1/day -- sign up for TIMalerts today!
Alternatively, get all blog posts emailed directly to your inbox by signing up below:
LoadingRelated Reading
Add a Comment!
If you want to receive TIMBUCKS, you'll first have to Login before posting a comment. Click here to learn more on the new TIMBUCKS rewards program.
Top TIMbucks
Our top TimBucks earners to date are:
- Yngvai (594)
- getshorty (324)
- JMoates77 (258)
- YoungGunz (254)
- ViciousChicken (237)
- investorslive (226)
- Fantom (197)
- Davey (194)
- ivegotstylekid (189)
- brent (185)
Navigate
Only $29.95/mo
Earn $$$
$
Participate & Earn
52 Links
136 Books
Buy TIM products!
Up 114%
Clips 24/7!
UPDATES
TIMtrades
Learn from my successes, learn from my failures, learn from TIM. Click here to learn more.
| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
Total: $26,508 (
114%)
51Dan_O(TIMBUCKS: $53)
May 9th, 2008 at 11:30 am
JensGould, I thought it was someone buying and selling the same shares to themselves tryign to churn the price higher.
You still watching WSCI, It’s getting close to that neckline.
52Goose(TIMBUCKS: $34)
May 9th, 2008 at 11:47 am
Millionairemind - props to you man..Good entry at the support
53Goose(TIMBUCKS: $34)
May 9th, 2008 at 11:52 am
Only I had a bigger position in it. SSBX just in case anyone is wondering
54Goose(TIMBUCKS: $34)
May 9th, 2008 at 12:01 pm
Millionairemind - when do you plan to exit that ?
55Sykes hater1
May 9th, 2008 at 12:02 pm
Ohmy god Tim, I just mad six dollars using your strategy!! It really does work!!
56Bob (VC)(TIMBUCKS: $237)
May 9th, 2008 at 12:03 pm
VRML- there is about 7500 shares worth of buys sitting just below the bid. How big of a spike will this cause if it’s hit? Anyone betting?
57JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:08 pm
Dan-o which stock are you looking at?
58JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:08 pm
Who likes 27k share sell orders on lgdi? This guy!
59PETEKUSH(TIMBUCKS: $35)
May 9th, 2008 at 12:15 pm
GPOR TANKING NOW great shortr supernova
60ivegotstylekid(TIMBUCKS: $189)
May 9th, 2008 at 12:21 pm
coin getting close to it’s resistance look out the next couple days, usually goes around 8 and gets a pump
61Dan_O(TIMBUCKS: $53)
May 9th, 2008 at 12:23 pm
WSCI, yearly view you mentioned yesterday that there was a H&S
62Jesse
May 9th, 2008 at 12:23 pm
I received “An American Hedge Fund” today. I cant wait to start reading it.
63novalis78(TIMBUCKS: $52)
May 9th, 2008 at 12:25 pm
XRM supernoving on loss report. LOL.
64JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:31 pm
Yeah it definitely is getting close Dan-o. It would be nice to see a little more volume.
65JMoates77(TIMBUCKS: $258)
May 9th, 2008 at 12:31 pm
Bob, the spike won’t occur if it’s a limit order. Only if it was put in as a market would it increase.
66JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:33 pm
Actually if WSCI can close below the neckline though it could make a decent overnight short and cover into a morning sell off.
67Dan_O(TIMBUCKS: $53)
May 9th, 2008 at 12:34 pm
Tim, PSTI… ASK is 3.05, should I wait till the close?
68be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 12:36 pm
Tim,
XRM?
69YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:38 pm
XRM is an earnings move. Short at your own risk.
70Sykes hater1
May 9th, 2008 at 12:38 pm
Jesse if you want to make good use of that book, take it into a mens room stall, wipe, repeat.
Calling Cilantro a Hedge Fund is a joke. No one would give this fool money to trade, was apparent on WSW
71Jeff C(TIMBUCKS: $59)
May 9th, 2008 at 12:38 pm
Anyone long HDY, GTXO or ENT today?
72Dan_O(TIMBUCKS: $53)
May 9th, 2008 at 12:38 pm
Doesn’t matter anyway, TDA won’t allow it.
It’s like a bad marriage.
73Bob (VC)(TIMBUCKS: $237)
May 9th, 2008 at 12:38 pm
JMoates- thanks for the info. I guess I never really thought about it.. Some times I realize just how little I know.. Maybe I Should Buy Tim’s DVD! :)
Actually, it is on my list of things to do, but seeing as how Tim hasn’t posted in a little while, I though someone needed to plug his DVD!!
74Mark
May 9th, 2008 at 12:39 pm
Does anybody out there know how I can start getting my hands on these good ones. Think or Swim hasn’t had anthing I’ve wanted for the past 3 days. Are any of you having success shorting OTC/under $5 stocks at other brokerages?
75YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:40 pm
I’m short NNVC, entered at $1.09 earlier today. Was fading but now it’s hopped back up. Doesn’t seem to want to crack below $1.05 yet. Hit down to $1.05 but now it’s back up to $1.10.
76Dan-O
May 9th, 2008 at 12:40 pm
LOL Bob you f’n shill!!
77Millionairemind(TIMBUCKS: $36)
May 9th, 2008 at 12:41 pm
Ben_Bein, sometimes crappy bank works, and it did today. Like I posted about the huge block SSBX buyer this morning. I entered a long position on 1600 shares at $2.02, sold at $2.52, nice $800 gain. This credit goes to investorslive! Thank you investorslive.
78YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:43 pm
Mark, you have to reserve your shorts early in the morning. Otherwise you’ll never get them.
79Davey(TIMBUCKS: $194)
May 9th, 2008 at 12:44 pm
Looks like VRML just might fall below 3.40 finally
80timothysykes
May 9th, 2008 at 12:44 pm
Just finished up a great interview to find VRML tanking PERFECTLY, just 2k left at $3.40, then the tan should really be on
Sykes hater–dont me mad my strategy works, just shoulda shorted VRML when there were shares available and then you’d be happy too!
Latecomers–you aint gonna find any shares,, keep trying though…early bird gets the worm–sometimes you gotta be days in advance, just the way it works with these plays since there’s literally a 90%+ chance of them dropping
81be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 12:47 pm
YNgwai
XRM missed earnings, Net operating loss, debt problems on balance sheet
you must be confused
82YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:48 pm
Doesn’t matter what the earnings report said. The move is obviously in response to earnings, good or bad. Like Tim says, shorting earnings moves is risky…period.
83Sykes hater1
May 9th, 2008 at 12:52 pm
Point is, over the long haul this is a losing strategy and not a way to amass any type of wealth or consistent income. Its proven fact. people, put your cash in treasuries, you will be happier and safer for it. This guy is walking you right into the lions den
84YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:53 pm
Hey, Sykes hater, if your strategies are successful, then make a website and publically post your trades so we can all see it. Otherwise you’re no different from a pump n dump….all hype with no substance
85be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 12:55 pm
yngvai,
every company reports earnings, following your supposed logic, I would never short a company!!!!!!!!!!!!!!!!!!!!!
if the earnings stink, the earnings stink. COIN reported earnings, went up, was a great short.
86Goose(TIMBUCKS: $34)
May 9th, 2008 at 12:56 pm
XRM did post a loss but if u actually read the stats their sales and everything went up and Cash.
87jesseb(TIMBUCKS: $95)
May 9th, 2008 at 12:57 pm
Sykes hater, that way I can be like 60 when I retire? With…a million or two? Sweet, sign me up for being old and rich!
I want to be the 30yr old guy driving around in a Porsche, not the guy driving the nice car and then people say “oh yeah, he’s old…of course he can afford that”
Fuck that noise my man.
This isn’t investing, this is trading…the point is to make it a replacement for working for a bunch of dickheads that could care less if I’m alive or dead.
As Worm would say - you just keep grinding out the rent money bud.
88JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:58 pm
89Bob (VC)(TIMBUCKS: $237)
May 9th, 2008 at 12:58 pm
Tim, don’t worry, I took care of the marketing while you were gone!
Ahh, about 90% of the 3.40’s have been taken out. No one loves you any more VRML, time to take a bow..
90JensGould(TIMBUCKS: $53)
May 9th, 2008 at 12:58 pm
http://www.youtube.com/watch?v=s9xQPYoLWto
91YngvaiMalmsteve(TIMBUCKS: $594)
May 9th, 2008 at 12:59 pm
Dude, COIN’s biggest shortable moves were NOT in response to earnings reports. They were in response to hype & fluff.
92JensGould(TIMBUCKS: $53)
May 9th, 2008 at 1:00 pm
Sorry wrong link
http://www.youtube.com/watch?v=GzRbi5vyco0
93Bob (VC)(TIMBUCKS: $237)
May 9th, 2008 at 1:00 pm
LOL.. Man, only on this site can I feel like an old man at 34!! WTF!!
94be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 1:01 pm
Goose,
I read the stats, I listened to the conference call. They are stalled on their new factory in Vietnam. They have a huge credit problem, they are working on.
They don’t give guidance on forward quarters either…
95be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 1:01 pm
Don’t call me dude
96Allen
May 9th, 2008 at 1:02 pm
Weird. Etrade will not let me short OR BUY shares of VRML at all.
97jesseb(TIMBUCKS: $95)
May 9th, 2008 at 1:03 pm
Bob - 34?? omg!! Go get your adult diapers you old bastard! :P I think Tim and I are the same age…we’re probably brothers…he should totally give me some money…brotherly love and such.
98be-the-ball(TIMBUCKS: $81)
May 9th, 2008 at 1:04 pm
I hear you on that BOB, these frat boy retards are annoying
99Sykes hater1
May 9th, 2008 at 1:04 pm
Jessb,
You are a moron. The guy you just described is me. Sports car. Check. Apt ownership in Gramercy? Check. However im 27, not 30. YOu are obviously not that bright, as I was alluding to the fact that this strategy is for pikers. You will NEVER, and I mean NEVER get wealthy trolling for nickels ballbag
Yngvie, I work for a large fund, we don’t publicize our trades, hence the reason Im able to live the lifestyle I currently do.
100JMoates77(TIMBUCKS: $258)
May 9th, 2008 at 1:06 pm
I’m gettin on a plane bound for San Diego in about 2 hours. The greatest thing is that I know what VRML is going to do. Tim, you’re right, just look at the price action. Sometimes (Murphy’s Law) it will bite you in the ass cause you can never see EVERYTHING coming, but this strategy does pay off.
Sykes hater, you are the biggest idiot I have ever met. No shit this strategy doesn’t pan out holding any company for the long term since only 1-3% of companies over the long run actually go down in value. Value is constantly being created in companies. Anyone who has taken a business class knows that. That is not what Tim is contesting. He simply shorts fraudulent companies. In the long run they may eventually go up, but because of their scandelous activities in the short run they have one of the greatest risk/reward ratios out there.
So once again, you are an idiot. Your name shouldn’t be sykes hater, it should read ‘common sense hater’.
See you guys Monday.