My Latest AOL Finance Article: True Religion Apparel, Inc. (TRLG)
I’m a short seller so I’m lookin’ and lookin’ for stuff to short and other than KYUS, which had no shares available…anywhere…today at least, all I seem to find lately are perfect breakout plays of real companies! Charts like Third Wave Technologies, Inc. (TWTI), which I mentioned in this morning’s post, and now True Religion Apparel, Inc. (TRLG), which I just detailed in THIS AOL Finance post.
While neither are right for PennyStocking or any short term trading for me, they both have a lot going for them and probly wouldn’t make such bad investments. (Uhhhh I can’t believe I just used the word “investents”. I feel dirty. Blehhhh.) But seriously TWTI is a pure play for testing HPV, an STD that’s infected 20 million Americans and 6 million new ones each year. Good business to be in, even if their losses are substantial…especially if it can truly confirm this breakout by cracking its 2001 $11 IPO price…
And TRLG well, read that AOL article, this could be a fakeout–as the stock has been known to spike then retreat–but the variables are aligned for a substantial short squeeze…
Who knows, this ain’t my game, I have the dark gift–everything I write about turns to sh#@–but maybe just maybe, considering these stocks are breaking out in a pretty tough market environment, they have the willpower to push forward. Time will tell, coudln’t hurt–too much–to tell you guys about ‘em.
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
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104%)
1anonymous
May 27th, 2008 at 12:25 pm
first post.
2dlee
May 27th, 2008 at 12:28 pm
i think tim is gonna think this is a ptless comment, but i just wanna say, why the hell does anyone want a pair of jeans w gigantic logos on their asses?? is that really attractive to anyone at all??
3GabeC
May 27th, 2008 at 12:30 pm
Haha, thanks Bob. I know how you feel, I’ve been feeling that way from the short side lately.
4Bob (VC)(TIMBUCKS: $235)
May 27th, 2008 at 12:31 pm
First post? This isn’t slashdot..
5Fantom(TIMBUCKS: $197)
May 27th, 2008 at 12:33 pm
TRLG no room to get squeeze.
I’m not covering on VVUS just yet, I think its going to dip to 5-ish tomorrow. I’m holding.
6Tdrag
May 27th, 2008 at 12:39 pm
Wow Fantom.. down to the 5ish huh.. any comment on reason.. just wondering.
7be-the-ball(TIMBUCKS: $81)
May 27th, 2008 at 12:42 pm
dlee,
depends on the ass
8be-the-ball(TIMBUCKS: $81)
May 27th, 2008 at 12:43 pm
Natalie Portman could have a tattoo of Tim on her ass and I would still be all over it like white on rice
9dlee
May 27th, 2008 at 12:49 pm
i’d go for megan fox then i guess
10Michael Goode(TIMBUCKS: $16)
May 27th, 2008 at 12:49 pm
Anyway, anonymous got it wrong. It is “fr1st p0st”.
Re: TRLG, I doubt many of us are their customers. But some people like that expensive junk.
11codyhof(TIMBUCKS: $98)
May 27th, 2008 at 12:52 pm
QTWW may have already had its run-up but it could potentially keep going.
Alot of chatter on this one.
12BradTyler(TIMBUCKS: $6)
May 27th, 2008 at 1:25 pm
Looks like a short op might be building on XRIT??
13AJF-ESQ
May 27th, 2008 at 1:41 pm
guys thoughts on QTWW ???
14GabeC
May 27th, 2008 at 1:42 pm
Short FPP 5.31
15JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 1:45 pm
FPP goin down, shorted at 5.51
16GabeC
May 27th, 2008 at 1:48 pm
Covered 5.05
17JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 1:51 pm
holding 5000 shares short of FPP. This is gonna be a 2K day!
18Webster(TIMBUCKS: $74)
May 27th, 2008 at 1:53 pm
If we can get FPP to crack 5 we should be in good shape.
19GabeC
May 27th, 2008 at 1:53 pm
Ya Jeff, damn i shoulda just hold overnight, I just saw some resistance and got scared. ack.
20GabeC
May 27th, 2008 at 1:55 pm
hmm. maybe ill still do that.. heh lets see how it plays out, doubt i can get any more shares to borrow though.
21JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 2:01 pm
Nice call on it though Gabe. I saw it progressing towards this drop this afternoon, just bouncing on that 5.45 mark.
22timothysykes
May 27th, 2008 at 2:09 pm
FPP nice afternoon breakdown
23JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 2:15 pm
Covered early at 5.01 for a .50 gain on the day.
24Alex
May 27th, 2008 at 2:17 pm
SCON breaking down
25Alex
May 27th, 2008 at 2:23 pm
BCON inching up..possible breakout
26GabeC
May 27th, 2008 at 2:25 pm
Bought SPF 3.30, covered 3.43. Either I’m getting better at this or this is just my lucky day.
27Webster(TIMBUCKS: $74)
May 27th, 2008 at 2:32 pm
Covered FPP at 4.85 from 5.61 $904 profit!
28JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 2:42 pm
FYI Tim, because of your strategy I am up 48% ($19,821 to $29,338.24) in my account from April 29 to now. Thanks.
29Webster(TIMBUCKS: $74)
May 27th, 2008 at 2:44 pm
Even better Jeff you are over the 25k BS!
30Joey
May 27th, 2008 at 2:47 pm
PEIX short since 4.24; will hold it, looks very weak
31Webster(TIMBUCKS: $74)
May 27th, 2008 at 2:47 pm
Thinking about reshorting FPP on this bounce
32eb(TIMBUCKS: $82)
May 27th, 2008 at 2:47 pm
Jeff….congrats on your success!
33Tdrag
May 27th, 2008 at 2:48 pm
Anyone looking at PEIX
34Bob (VC)(TIMBUCKS: $235)
May 27th, 2008 at 2:50 pm
What’s with the FPP bounce? a late afternoon fakeout?
35timothysykes
May 27th, 2008 at 2:52 pm
congrats webster and jmoates, much easier on me when the students become the masters :)
36Webster(TIMBUCKS: $74)
May 27th, 2008 at 3:04 pm
Okay back in I reshorted 1000 shares of FPP at 5.27
37Nodin
May 27th, 2008 at 3:13 pm
Webster: how the hell did you find FPP shares to short right now? what are you using?
38Webster(TIMBUCKS: $74)
May 27th, 2008 at 3:17 pm
Learned a trick. In the morning at 8:00am est I put in multiple orders at a higher price than what I will buy for. That way I have 2 or 3 open order throughout the day that I can pull the trigger on and just lower my buy price. So I am still sitting on some FPP open orders right now.
39JeffMoates(TIMBUCKS: $258)
May 27th, 2008 at 3:27 pm
TDA has plenty of FPP shares to short, re-shorted 4700 at 5.22ish. Webster, you thinking about holding overnight?
40timothysykes
May 27th, 2008 at 3:40 pm
new post:
http://www.timothysykes.com/20.....otes-chat/
41Fantom(TIMBUCKS: $197)
May 27th, 2008 at 3:45 pm
VVUS is still riding the news wave. It’ll dip again.
42Nodin
May 27th, 2008 at 3:51 pm
IB sucks….I’ve been trying to short for an hour and nothing….and its only a tiny…300 shares order…crap…are you guys holding overnight??
43timothysykes
May 27th, 2008 at 7:11 pm
VVUS to $5? too funny dude, u might get $6.50 or even ^, other than that have fun holding, risking further squeezes for weeks/months
44traknologist(TIMBUCKS: $67)
May 29th, 2008 at 9:56 am
Wow I missed this post… and trlg broke out nice today, I’ll keep on watching them. This fad will fall hard.