9 Stocks On Fire: So Many Plays That Are Surprisingly Borrowable To Short!
Posted by timothysykes on Wed 14th of May, 2008 09:08:30 AM
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Plenty of stocks in play and surprisingly plenty of borrows today too! Only thing stopping me from reserving shares in every stock I want is my damn limited buying power! So, after being very selective, I’ve reserved 500 shares of CNEX, 2000 of FPP. Also got UQM and SSBX shares but I can’t have my orders working cuz of my tiny account. Wow, I’m down here at $18k voluntarily, I can always unleash $500,000 or so amongst all these stocks, but you guys, damn, how do you live? I mean seriously, how do you live?
Basically I’m still watching everything from yesterday’s watchlist and a few more/some updated below:
QTWW could/should breakout hardcore, but given that we’re talking maybe 20-25 cents of upside here, I can’t waste any precious trades/buying power on it…sucks!
Those of you looking to short PDO and MXC so quickly are just idiots. These things have broken out nicely and are squeezing the shorts and since their connected to oil prices, there’s no telling how high they’ll go. Remember how I said I don’t like commodity plays, that they’re not your typical pump and dumps? Again, I haven’t been in the game for this long and not learned a thing or two.
That said I am considering an FPP short cuz it’s much more low priced and extended here…but it’s gonna have to show me some perfect big ass morning spiking/afternoon fading action to make me execute a short on this one.
CNEX and BPTH are the two current Supernovas, both destined to fail…question is when. CNEX had trouble yesterday afternoon, but still finished solidly higher, even if there was a slight decrease in volume. After 5 pumping articles on Monday, 2 yesterday and only 1 so far today, this is clearly getting tired. Today’s choice of patterns are: big morning spike (good to short into), morning gap followed by sideways price action and an afternoon fade (ideal to short into!), a morning panic (tough to short into) followed by a rebound (good to short after a while if it seems to be failing) which may or may not fail or another gradual up day that annoys the shorts. I’ll be watching closely.
BPTH it doesn’t matter what I think cuz there are absolutely zero shares available to short, probly for the best considering anemic volume and a typical 50 cent price spread
SSBX is a friggin’ finance play, not your typical pump and dump, aka don’t be too aggressive, probly only good for scalping.
KRY is facing the third day of a major runup, it’s gonna be tough to finish green.
UQM is a junkie company promising big things, classic classic classic amateurs are thinking “they’ve got an interesting technology, maybe I’ll buy some”-type play, always something shady going on in the background, not worth my time to dig as I don’t even have enough buying power to keep my short order working…doesn’t mean you can’t though.
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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%)
Nice scans - I am watching many of those as well
http://www.investorslive.com/b.....th-of-may/
Keep KYUS on watch here big time volume yesterday… this will probably test $3 or more before its time to stalk it..
FORC another one that snuck under the radar
SSBX nice double off bottom - I agree on the short, watching for it to gap and then sell off..
good luck
Tim your great! I don’t know how I live but I’m working on it.
Im starting to see what that hater dude is saying, been looking at your site for a couple of days. I like the short strategy, especially in this market but not on these crap companies. I do however think that he is an egomaniac and his comments are pretty f-ed up
“I like the short strategy, especially in this market but not on these crap companies.”
i wouldnt be caught dead shorting anything BUT these crap companies…there’s a reason why short selling is the most despised strategy around
Glad that your going to try CNEX again. Their chart is just overly rediculous! I was able to reserve shares myself.
King biscuit you like the Short strategy but not on crap companies????lol…good luck with shorting real good companies then.
i’ll always try again, i’m telling u, i made $2 million even with this horrible timing, these stocks are soooo good to short, its not to make big $ eventually
Tim,
If you could get shares of CNEX to short, would you short now, or after the first down day. I know what your rules are, but I’m asking if you WOULD short it NOW if you had shares this morning?
lol cnbc are the kings of p and d! I feel sorry for new investors who are sucked in to their scams
For those who are interested in solars move. Some solars are on the fire again. SOL and CSIQ had nice gain yesterday. SOLF crossed above 200dma yesterday. SOLF has already traded 250,000 shares with about $0.50 or so gain in premarket.
I mean penny stocks guys. There are alot more predictable shorts out there right now, have you seen the Financials?? Id rather be short C or UBS, Leh, I could go on and on. Retail, etc, the short market has never been better. Just an observation is all, I see this has been effective for Tim, more power to you guys
Tim,
Go ahead and strike my last comment and take away my non-existent TIMBUCKS- I didn’t read that you got 500 shares or your perfect explanation above. I have some shares and want to short now- would I be kicking myself if I wait for the spike that doesn’t happen today?
SSBX nice $4.75 high of day… hoping this spikes for a short
Tim, did you see CNEX? Droped off $1 instantly after it broke its trendline at 7…
damn guess i missed my CNEX execution when i tried shorting limit of $7…now $6.10….biscuit u got any stocks that drop predictably 20% in 15 minutes minutes LOL
tell me some of u guys got this CNEX short, it aint over yet!
I went ahead and shorted at 6.16, I probably fucked it up because I ended up chasing :( Too bad I didn’t short at 7 when it started the day with a decline. But when it droped it did it FAST, less than 1 min.
6.16 is a good entry! 5.50 now
looks like it still has a ways to fall…shorted at 6.16 now at 5.5
damn CNEX and FPP dropped a ton already
Can’t believe how fast CNEX fell, down to 5.50 from 7.15 in 15 minutes. I don’t know why people hate on Tim, never seen someone predict stocks like that, especially to help other people make money.
Here is a stupid thought buying the falling knife bounce!!!
why didn’t your 7 limit order work? Why not short it now then its back at 6?
CNEX’s graph is rediciously! Look at a 2 year view. It jumps 300% one day and down 300% the very next day. Its the biggest shell, scam company, penny stock scheem peice of trash. And I wouldn’t have found it without TIM :)
yah people can hate on my strategy all they want, CNEX is proof positive it works, whether or not i screw it up LOL…i close my DVD by saying u can do better than me, never uttered a truer statement in my life
wes, i dont short after big drops, for me i’m usually too early, as u can tell
I think thebarcast has his days mixed up. 5.50 level was on the 9th
Wait did you already cover? Or did you just not get in at 7 (when you wanted) so you wont because its already droped?
Tim,
You beat me on VRML when I tried to short at limit 5 and it passed me by. Today, I grew some balls and shorted CNEX at 7.25 to cover (I don’t know how many seconds later cuz time seemed to stop) at 6.15. Yeah, I left more than $1 on the table at this point, but I’ll take it. Is this POS a buy now for some retracement, or is it done?
man, that is tanking like the titanic…crazier than LDGI’s drop…unfortunately for me still all on WSS, as i am out of BP…hope you guys made it big time!
HATE HATE HATE HATE
My man King Biscuit drinking the haterade as well
Tim, have you ever seen this kind of drop in this short of time? This is absolutely crazy- how great is it that there are other supernovas in the making as we speak!
Thanks for bringing excitement to the investment world!
wow, nice action in CNEX. Currently at $4.25/$5.00. Hope anyone short covered back when the ask was in the $4s.
Here comes the bounce squeeze
Hey Haters why do you waste your time hating anyone? obviously you guys are loozers if you spend this much time Hating someones else succuss!!
Damn I wish I could trade pinks and OTC on TDA!! CNEX is friggin insane!!!
Congrats to all you in on it!
Hey Tim
Check out GCOG. This stock is on fire right now. Its at .015 right now but keeps doubling everyday. I love oil and gas exploration companies right now. Its money in the bank….check it out and let us know what your opinion is on this one.
go on haters, u got nothinggggggggggggg…when my readers can make 40-50% in 30 minutes, i just don’t know where to begin.
for the record, i made zilch on this play, missed my entry at $7–somehow–and still have that $700+ loss on it form yesterday….but my personal screw ups don’t matter cuz this is a damn great strategy!
I shorted at 6.16 and I have a stop in for 4.75… I still haven’t covered. I think it can go lower…Even though it is hitting some resistance around 4. I’ll prob cover if it hits 3.
Nice little spike on FPP off its lows, might give us an oppurtunity today.
wes dont get greedy, take your damn $1-2 and get the hell outta there before they prop this back up..
Nice to see order return to the universe with this CNEX self destruct.
Glad to see everyone profiting. I still working on my TOS account. Scottrade has my money locked right now. If I come to TOS with the minimum 2500-3000k will I have problems borrowing shares.
Hey Tim, I’m living tight right now. But as soon as I get that account straight, I’m living like you. LOL.
Tim I’ll be buying your DVD as soon as I start my job. I’m only 22 so I don’t really have any disposable income. I’m investing with my signon bonus, lol, only a small amount % of it in pennies until I get your dvd.
Yup i’m up 30% in 30 mins.
Tim, TOS Canada has a rule about shorting stocks under $3. I recall you mentioning this before, but is it $3 or $2 for Americans? Anyway, has anyone been scolded by TOS for putting the limit order in above $3 on the borrow and then lowering it later?
Tim, SSBX is looking mighty shortable!
Teacher- I’m really liking a short here on SSBX. Will wait though…
I’m out. An even 30% return.
I actually like FPP and UQM more right now, they are showing some weakness and if FPP can rebound a little more than that will be my number one play after missing CNEX.
Nice job Wes…enjoy that
BHBC short? I know it’s a bancorp, and I know it’s earnings, but it just went sideways on a big climb..