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Posted 2 months, 19 days ago. http://www.timothysykes.com/timsykes/2008/06/10/10-hot-stocks-to-watch-mehhhhhhhhh/

10 Hot Stocks To Watch, Mehhhhhhhhh

Tags: Hot Stocks, Potential Plays

So everyone in the microcrap space is whining about how boring it was out there yesterday—not enough big movers nor is there enough big volume. Hey, deal with it you lil bitches! Hot stocks come and go, market environments change, sometimes there’s just nothing to play…remember, this ain’t the real trading world like Forex or RIMM/AAPL, there’s not always gonna be something volatile/liquid enough to merit a trade…sometimes there’s just scalps…and as PennyStocking DVD students know, now is the time to just sit and wait for ideal trading opportunities to present themselves. So don’t be afraid to go outside and get a tan…if you’ve been profiting like you should, you can afford a few days off.

The good news is that unlike the rest of Wall Street, the summer isn’t necessarily slow as stocks can often become quite volatile with the right amount of manipulation/lack of volume…here are some potential plays, nothing ideal, but then again, ideal plays like we’ve been having are very rare…don’t get spoiled:

MYEC is a DoublingStocks.com pick, let’s see if anybody can get any borrows to short this pig

ROYL did a financing at lower prices, but spikes, then fell…damn this stock moves like a real company, blehhhh, filling the gap sooo slowly

PCYC
had a weak continuation rally…boooooooooooo

ULGX vertical alert, vertical alert, won’t collapse quickly

HEPH is another vertical stock chart, although its retraced a bit already–why won’t any of these piggie fly past $5 so they’d be really worthwhile!

FLMP has gone vertical, god love ‘em for it, didn’t even slow down last time it went up a lot, it just went horizontal, let’s see what happens this time around

SOIS this was a potential short on its first down day, but I hate trying to squeeze a bigger drop on stocks up less than $1/share, the bounce shows you why

TAMO wants to breakout, it’s sooooo close, watch it

SLAT is a tried and true spammer, how much further can it go before its time comes, anybody find shares to short?

LGDI had a bigtime breakout, if I wasn’t filming all day today for LiveStock, I’d probly have bought some before the close yesterday for a probable easy 25 cents/share

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126 Responses

Pages: [1] 2 3 » Show All

  1. 1Adam

    June 10th, 2008 at 8:10 am

    anyone watching cnbc? Keith Hennessey is getting schooled!

  2. 2Tony Ellis

    June 10th, 2008 at 8:45 am

    Small cap oils may try to breakout today. Not going to chase in the morning. I’ll wait to see if they can show strength in the afternoon.

  3. 3Ryan

    June 10th, 2008 at 9:09 am

    Received an email with BPAX and SHFL buy recommendation yesterday evening and both stocks are up 10% premarket.

  4. 4Mike_13th

    June 10th, 2008 at 9:15 am

    IB has SLAT short shares

  5. 5Kris

    June 10th, 2008 at 9:24 am

    SQNM..Tim says do not short, but does the pic change when they have a lawsuit against them. already down pre-mkt.

  6. 6investorslive

    June 10th, 2008 at 9:27 am

    Its already down a buck Kris, its not like its going to take a 50% haircut because a lawsuit

  7. 7JeffMoates

    June 10th, 2008 at 9:32 am

    No, but it will be a good scalp play for the day

  8. 8TomT

    June 10th, 2008 at 9:33 am

    Shorted CBAK@ 5.12 and WM @ 6.15

  9. 9JeffMoates

    June 10th, 2008 at 9:34 am

    Who was it yesterday that said the solar plays would rebound? I seem to remember he bought in to TSL @ $40 and SOLF @ $19.20. I feel sorry for whoever that was.

  10. 10Kris

    June 10th, 2008 at 9:34 am

    ok, thanks guys..it’s a crazy stock

  11. 11Adam

    June 10th, 2008 at 9:42 am

    did anyone get in on NTI’s drop this am? the ask was .75 less than the current price after it just went up 1.00! of course i missed it ;) that doesnt follow any rules talked about on here but i was pretty surprised by how easy that one was

  12. 12Mike_13th

    June 10th, 2008 at 9:43 am

    SLAT CPRK shortable and falling

  13. 13sniper6

    June 10th, 2008 at 9:44 am

    Ryan- SHFL is also on my radar as a prospective short, has been for weeks, it is a casino-related stock in the PTEK vein. Maybe the spike will put it in play. Been a falling knife for a long time, IMO it needs a serious run up before I’d short it, count me out for now.

  14. 14Kris

    June 10th, 2008 at 9:44 am

    DARN!! that SLAT! good name slat! lol

  15. 15JeffMoates

    June 10th, 2008 at 9:47 am

    Damn, I am not good at the big stocks yet. Just shorted WM @ 6.56, covered at 6.65 for a $300-ish loss.

  16. 16Timothy Sykes

    June 10th, 2008 at 9:49 am

    reserved 2,000 SLAT, on my mobile though, whats the price action like?

  17. 17trader@MIT

    June 10th, 2008 at 9:49 am

    Why would you ever short into that pattern?

  18. 18Timothy Sykes

    June 10th, 2008 at 9:50 am

    cuz moates s too cheap to get my dvd, he likes trading random stuff LOL

  19. 19Mike_13th

    June 10th, 2008 at 9:50 am

    (Jun 10-09:33) 13th_FLOOR: SURG 2.50 cross
    late hit on pre leader board.

    (Jun 10-09:37) 13th_FLOOR: SURG 2.80

    (Jun 10-09:44) sheezo: would have bought SURG at 2.60
    (Jun 10-09:44) 13th_FLOOR: thats where i got about….2.56

    2.97 hods,good start today

  20. 20trader@MIT

    June 10th, 2008 at 9:50 am

    TOS will reserve shares?

  21. 21JeffMoates

    June 10th, 2008 at 9:51 am

    because, no matter how many times I tell myself to not do it, I always try to catch the morning spike at the top rather than shorting into weakness. Boo hiss on me…

  22. 22JeffMoates

    June 10th, 2008 at 9:52 am

    Another good reason, thanks Tim.

  23. 23Mike_13th

    June 10th, 2008 at 9:53 am

    OMNI falling HEPH nice especially if break 2 down

    SLAT fine and IB had shrs

  24. 24Ryan

    June 10th, 2008 at 9:57 am

    Just received another email PMTI short recommendation.

  25. 25Rambone

    June 10th, 2008 at 9:58 am

    If SQNM breaks 12.05 I’m jumping in the short side. Holding steady on my PTEK short and TSL long despite the gap down solars are going to recover today.

  26. 26JeffMoates

    June 10th, 2008 at 9:59 am

    FINE!! I finally bought the DVD…Thought I could learn it without having to pay the $297 + SHIPPING?!?! You can’t even pick up shipping?!? Just kiddin, I know your a capitalist-SOB just like the rest of us. Enjoy my $300, I’m sure it will bring you just as much happiness as it did me. AND that book better be signed with a nice little message too! something like…”JMoates, you are the coolest trader on my blog except for Tony Ellis. He is the shit, but you’re cool too.” -Sykes

  27. 27Kris

    June 10th, 2008 at 10:01 am

    ya, HEPH really needs to break 2.
    Mike, how do u feel about volume? i hate low volume, when shorting.

  28. 28Superman

    June 10th, 2008 at 10:05 am

  29. 29Ryan

    June 10th, 2008 at 10:06 am

    PMTI chart looks appealing to short, received an email recommendation, it is showing weakness, what is your opinion?

  30. 30sniper6

    June 10th, 2008 at 10:06 am

    SATC consolidating, had a good pullback yesterday, adding to my long position @ $2.80, Good for another upward move, target $3.50.

  31. 31Superman

    June 10th, 2008 at 10:07 am

    New long CSY

    see info on my blog

    http://www.

    super-trades

    dot com

  32. 32trader@MIT

    June 10th, 2008 at 10:08 am

    Got to short PARL @ 4.71

  33. 33Tony Ellis

    June 10th, 2008 at 10:13 am

    JEff-I think you’ll be happy with your purchase. I certainly have been.

  34. 34Mike_13th

    June 10th, 2008 at 10:14 am

    (Jun 10-09:27) 13th_FLOOR: WZEN late and vol upping
    (Jun 10-09:28) 13th_FLOOR: vol flying on late hit WZEN

    yeah baby now hod 4.45

    (Jun 10-09:30) 13th_FLOOR: KNDI late ,vol building

    from 4.55 to over 5 now!

  35. 35Adam

    June 10th, 2008 at 10:14 am

    might want to put NTI back on the watch list

  36. 36YngvaiMalmsteve

    June 10th, 2008 at 10:16 am

    Check out the volume this morning on CSY. I was in at $14.67

  37. 37Mike_13th

    June 10th, 2008 at 10:18 am

    Kris,

    I short low vol ones as long as I see the spread is kinda tight, and have done well with them so anything over 30k vol i’ll short
    And IB has almost all shorts i want

    They even had CPRK which i shorted
    if you saw the other thread i said got a pump on it last week

  38. 38Kris

    June 10th, 2008 at 10:23 am

    Thx Mike for your input. :) That helped.

  39. 39YngvaiMalmsteve

    June 10th, 2008 at 10:24 am

    CSY just busted through $15 resistance

  40. 40Kris

    June 10th, 2008 at 10:25 am

    YngvaiMalmsteve, Superman can move stocks. thx superman for posting.

  41. 41YngvaiMalmsteve

    June 10th, 2008 at 10:27 am

    Yeah, he can…that’s why I hopped in long at $14.67. I saw his post on the Lion.

  42. 42Kris

    June 10th, 2008 at 10:29 am

    awesome YngvaiMalmsteve!

  43. 43ivegotstylekid

    June 10th, 2008 at 10:35 am

    isph should be breaking down again, has a lot trouble holding the 4.90 area

  44. 44Anthony Brown

    June 10th, 2008 at 10:36 am

    Stay away from NTI! If you just watch the trade history, you’ll see the scam in action. They are all about killing shorts.

  45. 45Al

    June 10th, 2008 at 10:41 am

    shorted 1k PFE @17.97 PPS is at lowest of the year. It looks like it wants to go a wee bit lower.

  46. 46JeffMoates

    June 10th, 2008 at 10:42 am

    Hurry up and get that DVD to me!!! I just shorted SQNM at $12.16, I just can’t help myself!

  47. 47trader@MIT

    June 10th, 2008 at 10:46 am

    0.10 is negligible pain

  48. 48Adam

    June 10th, 2008 at 10:47 am

    Anthony, correct we’re making money by shorting the squeezes

  49. 49brywest55

    June 10th, 2008 at 10:49 am

    Tim I couldn’t find an an email address to send this to. Just wanted to see if you knew someone named Carlin or Carlia. I bought your book off ebay and in the front cover it says

    “Carlin, Glad you liked the book. Here’s the final copy. Tim”

    Wasn’t sure if it was your writing. Just made $315 off GGLB. By the way your book is wildly entertaining.

  50. 50Mike_13th

    June 10th, 2008 at 10:52 am

    HEPH breaking 2 down

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