7 Gas Stocks Breaking Out: To Buy Or Not To Buy, That Is the Question
On my ridiculous watchlist today there are too many crappy low priced companies breaking out…all will soon be good shorts, my specialty, but for now, I’m tempted to buy one or more before the close…never in the middle of the day (no protection!)
Let’s compare and see which, if any, should be bought. The contenders are:
Tengasco, Inc. Tengasco, Inc. (TGC)
Northern Oil & Gas, Inc. Northern Oil & Gas, Inc. (NOG)
Kodiak Oil & Gas Corp. Kodiak Oil & Gas Corp. (KOG)
Blue Dolphin Energy Company (BDCO)
Royale Energy, Inc. (ROYL)
Samson Oil & Gas Limited (SSN)
Pinnacle Gas Resources, Inc. (PINN)
And their charts:
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 (593)
- getshorty (321)
- JMoates77 (258)
- YoungGunz (253)
- ViciousChicken (237)
- investorslive (224)
- Fantom (197)
- Davey (194)
- ivegotstylekid (188)
- 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%)
1Kris(TIMBUCKS: $66)
June 18th, 2008 at 2:46 pm
hmmmmm?
2Rambone
June 18th, 2008 at 2:47 pm
Looks like 3.10 is the resistance line for PINN.
ROYL up on high volume. Will attract a bunch of attention into close and gap up tomorrow morning. This is one you definitely should be in if it closes high of day. Early morning action predicted big move ahead. I think it spikes huge into the close and makes a new 52 week high.
3Kris(TIMBUCKS: $66)
June 18th, 2008 at 2:50 pm
well….Tony is in TGC. wow, Tony, GST at 1.51! awesome
4Kris(TIMBUCKS: $66)
June 18th, 2008 at 2:55 pm
NOG resist 16.01. no room to wiggle.
5Kris(TIMBUCKS: $66)
June 18th, 2008 at 2:57 pm
who is better….ROYL…or….TGC…NOG looks very bullish IF edges over resis.
6mitil
June 18th, 2008 at 2:58 pm
TGC is not extended enough to short…may be in a few days…risk is too high
7investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:00 pm
in HYHY 2.37
8Josh Maxwell
June 18th, 2008 at 3:00 pm
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.
9investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:00 pm
MYEC weeeeeeeeeeeeeeeeeeeeeee
10Feng
June 18th, 2008 at 3:00 pm
ABP is the one Tim missed!!
11Kris(TIMBUCKS: $66)
June 18th, 2008 at 3:02 pm
Oh mitil, I was not shorting. I thought Tim was going long on one of these, from the list above.
12mitil
June 18th, 2008 at 3:02 pm
no shares on hyhy to short
13timothysykes
June 18th, 2008 at 3:03 pm
nice investorslive, what other spam stocks do u see out there? and i’m assuming u’re short HYHY at 2.37, not long, right?
14investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:04 pm
MYEC about to lose $3 maybe people realized this: http://www.investorslive.com/b.....-you-myec/
15Fantom(TIMBUCKS: $197)
June 18th, 2008 at 3:04 pm
The bigger they are, the harder they fall!
Oh where oh where did the blue chips go?
http://www.politicalmachine.co.....reedy_pigs
Enjoy Tim fam.
16Rambone
June 18th, 2008 at 3:06 pm
Kris,
ROYL has a 1/4 of the float and a 1/5 of the market cap of NOG so you’re going to get more volatility.
They are all similar. Some traders don’t like trading dollar stocks like TGC.
ROYL and PINN are the two I’m in. Everyone has their own style though so do with what makes you comfortable. I will say if ROYL closes at a new 52 week high buy right before the close so you can sell at the open tomorrow. Odds will be in your favor for a gap up though nothing is guaranteed in the market.
17investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:06 pm
no I’m long at 2.37!
18investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:07 pm
I got the mailer today Tim, 12 million circulation, I’d expect more over the next few weeks…
thats a huge mailer piece,
I traded out for a dime, looking to rebuy
19investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:09 pm
I didn’t even think to short though, on the way back down not used to having shares available that easy… o well
MYEC lets see how she holds up through the rest of the week, HYHY looking for entry around EVEN for the day… if it dips read might get a bit sketchy
20supertrader
June 18th, 2008 at 3:10 pm
STXX starting up
21investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:11 pm
In HYHY again, only 2.5k this time - 2.32
22Kris(TIMBUCKS: $66)
June 18th, 2008 at 3:11 pm
Thx Rambone
ROYL is up so much. Man I saw it below $10. look at it now! Good job.
I have not decided what to do…..
23supertrader
June 18th, 2008 at 3:12 pm
investorslive, how do you know circulation of 12 million? thnx
24investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:12 pm
Should squeeze this time in my opinion
25Feng
June 18th, 2008 at 3:13 pm
investorlive, why are you long on HYHY?
26investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:14 pm
@ Supertrader
This is a picture of the same one I got… so I can confirm they were actually sent…
Circulation it shows as 11.8M+
http://www.investorslive.com/b.....lays-work/
27getshorty
June 18th, 2008 at 3:14 pm
Gotta learn to respect the breakout, bought pdo at 29.70, sold it at 30.5, just came back from lunch that shit is at 32.26. DAMN !!!!
Short MYEC 400 shares I shorted at 3.80 some time ago… die bitch… die…
28Feng
June 18th, 2008 at 3:15 pm
What the f*^k happened to GBR?
29gil
June 18th, 2008 at 3:17 pm
is hyhy shortable??
30investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:17 pm
I went with gut, played smaller this time now I’m down a dime, surprised they let it go red, I’d expect the way these things work that it goes back to green by close
31Feng
June 18th, 2008 at 3:19 pm
Tim, quickly add GBR and ABP on your list, at least GBR is flying 18% in less than 5 minutes.
32investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:20 pm
Avg 2.28 now, 5k
33investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:22 pm
I usually get these mailers quickly before the masses so thats usually my strategy as to how to play these things, for example with KYUS
Now they squeeze all the shorters into close - they clearly have one goal in the beginning of these runs, dip dip scare out the weak, trap the shorts dip dip and squeeze
thats my strategy :)
34timothysykes
June 18th, 2008 at 3:23 pm
me and my TIMalert subscribers are in on TGC at $1.69 and $1.70!!!
http://www.timothysykes.com/timalerts
god i love this game
35RGIlles
June 18th, 2008 at 3:24 pm
It seems HYHY is following the same pattern as KYUS
36mitil
June 18th, 2008 at 3:25 pm
so those spikes just after 12:15 were tim’s people..i am in too..should have bought more shares though!
37supertrader
June 18th, 2008 at 3:25 pm
my bad investorslive, saw that one the one i received also just ignored it as a made up number, need to find out who printed it :>
38Jeff
June 18th, 2008 at 3:27 pm
I got in TGC @ 1.69 and have been in PINN since 2.90
39investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:27 pm
Never should ignore usually worth a good trade you just have to play knowing what it is…
aka trade accordingly
40investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:30 pm
sold 3k of the 5k from 2.28 avg - will hold the rest now that I have a padding - if it loses 2.40 I’ll exit
41Feng
June 18th, 2008 at 3:32 pm
Tim, you don’t have to subscribe my service, it is FREE btw, hehe :-) QBIK (I think was your pick or at least someone mentioned), going to close above $4, perhaps is a buy and hold O/N (that is overnight). GBP looking appealing to hold O/N as well.
42Feng
June 18th, 2008 at 3:35 pm
ABP volume spiked, most likely will close 52s.
43Feng
June 18th, 2008 at 3:37 pm
Somebody will take that 24000 block sell order ABP at $5.40 to spike it higher!! Go ABP.
44Mike_13th
June 18th, 2008 at 3:37 pm
I tried HYHY short 2.55,couldnt get shrares
KOG just unreal
45investorslive(TIMBUCKS: $224)
June 18th, 2008 at 3:38 pm
Nice Trade Tim on TGC!
46JeffMoates(TIMBUCKS: $258)
June 18th, 2008 at 3:43 pm
Tim and everybody else, I’m long overnight in:
TGC @ 1.77 2000 shares
NOG @ 15.76 500 shares
KOG @ 4.89 1000 shares
ROYL @ 10.64 500 shares
PINN @ 3.15 2000 shares
I’m not that great at the long side, but looking at the fervor the last time this occurred, these things ran up the entire week. Will be looking to get out first thing in the morning then hopefully play the short side.
47Tony Ellis
June 18th, 2008 at 3:44 pm
way to diversify there Jeff…lol
48JeffMoates(TIMBUCKS: $258)
June 18th, 2008 at 3:44 pm
you betcha Tony! I got oil and … OIL!
49Rambone
June 18th, 2008 at 3:45 pm
PINN ready to take high end of resistance at 2.25. Should surge quick to 2.50 once this is taken out.
50Feng
June 18th, 2008 at 3:46 pm
VTG….look out guys it is flying…only 8% but look at the chart.