20 Hot Stocks: 12 Potential Buys, 8 Potential Shorts, Be Choosy
Posted by timothysykes on Thu 19th of Jun, 2008 09:13:35 AM
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Sooo many plays its scary—I traded 3 times yesterday, made a cool $600, all good trades, if too impatient, so I gotta watch out for Osama bin SEC’s misguided freedom-hating ideology, aka the pattern day trading rule, biting me
What’s in play? Well, these 7 oil/gas stocks are on just about everyone’s radar and of course the old gang (FPP, PDO, MXC)…none of which I’m looking to short anytime soon…okay, well maybe SSN (reserve shares), it’s the biggest pile of manure (just look at the chart filled with bitter long-term shareholders!)
I do wish I’d held TGC overnight as I’m getting emails from several TIMalert subscribers who bought in at my alert at prices ranging form $1.69 to $1.72, although it is a commodity play (so you could have the best setup in the world, which you do right now, but if oil is down, stock’s headed lower too), not a fraud pump and dump that are so clearly/overwhelmingly my specialty
and then lesser potential buys:
LOCATION BASED TECHNOLOGIES (LBAS) This spammer could/should be the next MXFD…who has the balls to hold? You with that Scottrade account?
Cubic Energy, Inc. (QBIK) will today be the day it finally breaks out big past $4? Watch it!
Ahhh my precious, the spammer HYHY, on which I’m short overnight—a truly ideal play I’ll look forward to covering into a morning panic…
and even some lesser short plays:
Advanced Battery Technologies, Inc. (ABAT) up on heavy message board rumors, none credible…further reversal likely, wish we could more of a spike (reserve shares just in case)
New Oriental Energy & Chemical Corp. (NOEC) nice pile of dung, but already reversed gains—too many bitter shareholders!
South Texas Oil Company (STXX) got mentioned by newsletter with big big price target…reserve shares just in case
BLUE EARTH SOLUTIONS INC (BESN) as I mentioned yesterday, this could be a CNEX…another big up day, reserve shares to short if u can
MORGAN CREEK ENERGY CORP (MCKE) careful kids, it might be a shady little oil play, but its spike from $2 to $16 before, here’s hoping for a repeat!
Cardima, Inc. (CADM) As I mentioned yesterday, tough stock to short…let it do its thing, reserve share just in case
No positions other than HYHY, stalking the rest like a Tiger
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
JRCC? I know it’s not a penny stock, but the chart is straight up, company is losing money, too far?
FPP >> Very nice!!
here we go HYHY!
Others I’m watching
http://www.investorslive.com/b.....june-19th/
LBAS this stock has been working out real good going long from your first alert— also TGC….Vol is increasing- will go higher
in TGC 1.82 out 2.09 :)
HYHY up .10 so far…not looking good as tims short
Hey guys….Im turning my $600 dollar rebate stimulus check into $6000. I will document everytrade before I execute them.
Check out my website: www.collegepennystocks.com
…..Lets make some money!!!!
GO GATORS!!!!
LEI at 5.87. Energy play. Earnings after the close. Ride it till the end and sell before 4 p.m. This is how you play earnings in energy with oil at 137.
MYEC turning into a SWEET short
made the magic number..$1000 on TGC :)…so happy i added more shares to tgc instead of buying the true spammer ROYAL…lol…
Out of ROYL at 10.98 from 9.35 yesterday. Out of PINN at 3.45 from 2.85 yesterday.
leh will trade in the future around 19-20 dollars
Yeah,,,Im short Lehman now…Its a very hard play.
blah, in ssn 5.50 out 5.25, dumb trade got in way too late. still way up on TGC so i should be happy
Did you pump that stock!!!!!!!!
Ur dam right I did!!!
Love the video Tim!
Small cap rally is over for the time being. All the big plays are off big from their highs. Classic top!
HA! least i got out at 5/25 damn!
Short LCC
Out TGC- @ 2.04
In GGR at 2.94. Possible 3 break on this one.
out of HYHY at 2.28, went for a morning dump down to 2.21, sellers weren’t aggressive, could be an afternoon fade, but i dont trust it…my mom even got a mailer this morning! playing it safe…TGC or SSN overnight holds were the way to go, congrats on those who did
Look at these oils get hammered. I knew they were so overextended. ROYL is getting destroyed. SSN will be in the red by the close too.
yep, after it didnt ever come back to anywhere near 6 i reserved some ssn to short. ROYL i’ll never go near again, i could never get a good entry on it
Out of LEI for $.10 loss and GBR for break even. Should be going green not red since earnings are after the close. I’m done with the oil plays for now. Will take my own advice. Watching my NOEC short for now. Some guy in the Lion was arguing with TIM about this stock. It was hilarious. Tim gave him a new one while that guy posted articles 4 months old. Of course NOEC is the next POT when you’re at the Lion.
Looking for a gaper to buy and hold for tomorrow- my day trading abilities are done for the week….
uhhh tons of morning dumpers, opportunity cost of being short/watch a stock that doesnt dump..3 hours sleep, i need a nap to prepare for some afternoon faders
About to hit the streets and get ready for the Parade for the Celtics— Boston #1… :)
Covered my NOEC short at 6.31 from 6.97. Not getting greedy on this one it can do a 180.
I held TGC overnight. Thanks TIM Alerts!
You think ssn has has a short opportunity to break or do you think its momentum will bring it into tomorrow?
With that name I thought u where a GATOR–UFgemini
Go Gators!! I live about 50 miles away.
I think the mkt went to sleep….
Oil plays are DEAD for now! Pick anyone you like and short away. They’ll be fading all day long and tomorrow.
China announced they are raising oil and diesel prices. This news made wholesale gasoline prices drop $.09.
Momentum in oil has come to a stop short term. Tomorrow you could get news that makes it spike again but for now the small oils are going to get crushed.
would have loved to short ssn but couldnt figure out an entry point so ive instead just missed all of them :)
any one short in tgc yet?
on previous thread mentioned SSN shorted at 5.5 after taking it long from 3.50 to 5.97
It’s a goldmine
took tgc yesterday around 3:57. got out this morning, i’m not short yet because it just broke out. watch for the rounded bottom on all these gas stocks as the day progresses. kinda like to know tim’s thoughts on it.
Go Imsmith! Another Boston fan, though I only follow the Pats (religiously)..
follow beacon research folks..posted this here sunday:
PGOG- a mention by beacon research,that ain’t good,short biased for sure.
Was 2.90 at the time,steady 4 day slide to 1.32!
Shorting CSIQ at 50.57. Easy 2 point slide coming.
watch GRO on 6.5 cross now
can move at times
I got out of both NNVC (long) and SSN (long) this morning for over a $530 profit on my tiny account.
I’ve really turned my trading around and I’m being successful. In 9 days, my account has gone from $2823.46 to $3411.61. That’s a 21% return. I’ve got to thank both Tim and Mike13th…the wealth of info they give on this site and in Mike’s chatroom has helped me tremendously.
whats the link to mikes chatroom?
Tim this is art at its finest, http://www.investmentu.com/res.....lling.html
Die LEH die
hah, hah, hah, the banks are kneeling!
greenonthescreen.blogspot.com
Shorted TGC 2,000 at $1.84
I’m ready to scalp MGM for a short. If that 40 number gets taken out I can see a quick $.50 drop. Can’t really do it on a small account but once you get over 25K and can go 4 X margin intraday this is free money in a very short period of time. You could see a $.50 drop in a few minutes if 40 is breached.
HYHY is going to follow yesterdays exact pattern. It’s going to give up a 15% gain and end the day red.
SEED trying
11:08 China’s National Development and Reform Commission’s Web site confirms price increases for gasoline and diesel, among others
The National Development and Reform Commission of China just sent notice of its decision to raise gasoline, diesel and jet fuel price by 1000, 1000 and 1500/RMB per ton, separately, starting Jun 20th. Also, electricity prices will increase 2.5 cents per kilowatt-hour beginning on July 1st. The increase does not include consumer retail electricity price and electricity used by agriculture and fertilizer producers. Also, this round of price increases does not include liquid gas and natural gas. The NDRC said they are aware of soaring crude oil prices and the consequentially deepened price gap between that and the price of oil in China. To relieve the pain caused by the price increase to domestic consumers and curb inflation, they will take supporting measures simultaneously, such as to subsidize certain industries including agriculture, fishery, forestry and public transportation. The NDRC also decided to control steam coal prices from now until Dec 31st, 2008. During this period, the coal production companies cannot raise the price higher than the settlement price on June 19th, 2008. (See 9:42, 10:30, 10:32 and 10:44 comments)
good call on the CSIQ, didn’t have the balls to take it