15 Stocks In Play But Most Of Them Are Useless For Trading
Posted by timothysykes on Thu 29th of May, 2008 08:51:40 AM
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Northern Technologies International Corp (NTI) I successfully scalped this one yesterday for about $400, but its strength shows these short picks can and should also be played from the long side…detailed post coming…but I look to short again, but only if it’s a worthy pattern
MAXLIFE FUND CORP (MXFD) I nailed this one breakout in yesterday’s pre-market post even though I said squeeze to $30 and only was up $5+ to $27ish…my bad…squirm shorties, squirm, especially Goode, that’s what you get for spamming my site and not putting me on your blogroll sucka
CKX Lands Inc (CKX) is another low marketcap pick by Lionmaster along with higher marketcap play IndyMac Bancorp, Inc. (IMB). I’ll probly look to short CKX either today or tomorrow, again, be careful of short squeezes.
Security With Advanced Technology Inc. (SWAT) is only a $6 million company, don’t short $6 million companies. Wait for it to go up more. End of story.
Akeena Solar, Inc. (AKNS) was up big due to an ANALyst’s comments…not that the analyst is anything great, it’s just because it gives brokers a reason to earn a commission pushing this stock on wanna-profit-from-rising-oil-somehow idiot investors. I hope we get 5 more ANALysts over the next 5 days saying the same thing, all them put together don’t have the brainpower of a Miss Hawaiian Tropic pageant.
Beacon Power Corp. (BCON) is another ANALyst play, but at least its chart is starting to resemble last July’s spike, which turned out to be a great shorting opportunity…mind you I said starting to
Himax Technologies, Inc. (ADR) (HIMX) is a real company…What the deuce? Why is this on this list, it ain’t even breaking out of any range, I’m sorry, I gotta get back to you as to why it’s on this list, let me call my Google Finance SEO department manager…for shame!
Newpark Resources, Inc. (NR) Oh come on man, another real company that’s a little up, but isn’t playable. What do you think this is some useless site that never really says nothing and just rack up ad dollars like SmallCapInvestor.com? Uh oh, I think I just made another friend!
Chico’s FAS, Inc. (CHS) Alright it’s not funny anymore, these real companies just suck for trading, featuring them serves no purpose whatsoever…stop!
Cogent, Inc. (COGT) OK, now you’ve gone and pissed me off, you really gonna close out this post by mocking the joke that is financial journalism?
Kosan Biosciences Incorporated (KOSN) Would be a good short since it’s up 200% on the day except it just got halted and is probly a buyout…
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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 post, looks like its going to be mostly a stalking day.
Should inventories report create a bounce in oil plays today?
Hopefully not, if they do spike, we should see a lull about 30 minutes prior like we did last week.
Watch VVUS at the open.
Jeff I just covered at 4.15 $600 profit.
Tony Ellis, You’re watching IVAN too eh?
Here’s playlist;
nti
hmpr
cogt
chs
chrd
med
ckr
Gametime!
Alvari40 how did you know VVUS was going to drop at open?
Shit I just missed a move.
Tim, themarketkid is playing EBS right now. What do you think of it?
just shorted 300 NTI at $13.40, c’mon big negative on the day!
i don’t give a f$#@ about EBS, its a random pattern on a real company, i focus on pump and dumps
CKX hasn’t reached $13.40, do you mean $14.30?
Covered CHS 1400 @7.63
CKX volume is only 2300 shares in about half an hour?
Can trade again today because of the SEC rules. Will have to look for an overnighter.
Thats “Can’t” trade hate the rules
Fantom,
I saw that it was overbought on the 60 min chart. On top of that, it layed out a doji on the final 15 minute bar. It caught my eye late in the day due to the long wicks that formed on the 30 minute chart (as you can tell, I watch multiple time frames). So, various signals confirmed that we had a good probability to open lower in the morning.
meant NTI my bad
ckx has no volume to speak of, how do you plan to get out of it?
NTI, rebounding at 13 again. I don’t expect that it will fade for a quick scalp like yesterday, these things evolve.
right dano-o they evolve into oblivion…volume is pathetic, longs might get scared and if it can take out $12.80ish-$13, it goes straight to $12
Please tell me someone was watching ENVI for 7 days like me and actually had power to reserve shares….hookers and blow for everyone! Yeah! All my buying power is gone….at least it’s confirmation that I’m seeing the right plays
I have reserved NTI as well, but I will wait a little bit, volume is still low, only 13000 shares changed the hands in the first half hour and there is no wall of sellers (or buyers) on level II as of now (10:09 EST). Anyway, goodluck, Tim!
Wasn’t bustin balls, thought you were in another stock. I was just making an observation.
I’m willing to jump into that trade, but TOS is rejecting my orders. Third time in as many days.
Just covered CPSL @ 5.77 from 6.01.. nice.
I am in, and NTI is moving now! woohoo!
Damn is in at $13 for NTI any good..
out of NTI at $13, +40 cents, can’t compete with Superman and his followers…i dont now about shorting this at $13, strong support at $12.80ish, as this bounce proves, still no red day, this is pure scalping and now its dangerous
dan-o u gotta reserve shares first and have them place it for u…i really need to do that post to explain this
Shorted at 13.39
I reserved shares, and asked them to refresh DTBP. Twice. They didn’t refresh and I missed my entry point. Getting squeezed now.
Fuck
jeff c-
SWAT quick gap up this a.m. as predicted, if it continues to go up during the morning, will short if sideways action happens in the early afternoon. just watching for now.
Jeff tell me you were able to get out of FPP
QCOR looks like a nice re-short too this am
PDO is moving up … whats your though on this
PDO, FPP, MXC as i said yesterday they’ve already made their down oves, u might be able to scalp a bit more outta them, like FPP this morning but u gotta be quick cuz they’re not destined to drop much further…for now…since i’m a bad timer, and since pretty much everyone else is too, u should avoid
Sniper6- Dude beautiful…I’ve got no trading power and I am regretting where it’s tied up too. Pretty predictable news play, love it
shorted NTI @ 13 closed at 13.50. Boo! at least i got the F out
Damn.. Superman really is able to push NTI up huh.. @ $15 now.. damn
Got out of NTI at $15.09 for a gut wrenching $1500 loss. No webster, I got greedy ahead of the news and am still in FPP.
I got back in at 4.6 on FPP looking for a scalp. Was only able to get 766 shares so far though.
Still in NTI
Let it fall guys
dan-o,
gutsy, I agree, stay with it, Tim is right, if she goes below $13 will drop like a rock
Gutsy? I dunno, but look at the chart, it will get back down to earth.
Can’t trade until tomorrow. Damn SEC, now I’m actually getting work done…
Jeff C said:
Please tell me someone was watching ENVI for 7 days like me
Check this out
http://tiny.cc/HYuSu
Did you get shares?
Hate to blow up the thread, but I see a short squeeze rally.
CPSL is still falling.. whats you think guys.
Hey I just re-read my game plan for today it says “Short NTI on a morning short squeeze” and “Look for a late day fade.”
Tim…nice job on the run up of FPP this morning. it was going down nice until up opened your mouth!
“PDO, FPP, MXC as i said yesterday they