7 Gas Stocks Breaking Out: To Buy Or Not To Buy, That Is the Question
Posted by timothysykes on Wed 18th of Jun, 2008 02:42:50 PM
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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:
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
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TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
hmmmmm?
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.
well….Tony is in TGC. wow, Tony, GST at 1.51! awesome
NOG resist 16.01. no room to wiggle.
who is better….ROYL…or….TGC…NOG looks very bullish IF edges over resis.
TGC is not extended enough to short…may be in a few days…risk is too high
in HYHY 2.37
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.
MYEC weeeeeeeeeeeeeeeeeeeeeee
ABP is the one Tim missed!!
Oh mitil, I was not shorting. I thought Tim was going long on one of these, from the list above.
no shares on hyhy to short
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?
MYEC about to lose $3 maybe people realized this: http://www.investorslive.com/b.....-you-myec/
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.
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.
no I’m long at 2.37!
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
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
STXX starting up
In HYHY again, only 2.5k this time - 2.32
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…..
investorslive, how do you know circulation of 12 million? thnx
Should squeeze this time in my opinion
investorlive, why are you long on HYHY?
@ 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/
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…
What the f*^k happened to GBR?
is hyhy shortable??
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
Tim, quickly add GBR and ABP on your list, at least GBR is flying 18% in less than 5 minutes.
Avg 2.28 now, 5k
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 :)
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
It seems HYHY is following the same pattern as KYUS
so those spikes just after 12:15 were tim’s people..i am in too..should have bought more shares though!
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 :>
I got in TGC @ 1.69 and have been in PINN since 2.90
Never should ignore usually worth a good trade you just have to play knowing what it is…
aka trade accordingly
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
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.
ABP volume spiked, most likely will close 52s.
Somebody will take that 24000 block sell order ABP at $5.40 to spike it higher!! Go ABP.
I tried HYHY short 2.55,couldnt get shrares
KOG just unreal
Nice Trade Tim on TGC!
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.
way to diversify there Jeff…lol
you betcha Tony! I got oil and … OIL!
PINN ready to take high end of resistance at 2.25. Should surge quick to 2.50 once this is taken out.
VTG….look out guys it is flying…only 8% but look at the chart.