12ish Stocks To Watch…C’mon Live Trade During LiveStock Today!
Posted by timothysykes on Fri 20th of Jun, 2008 09:18:55 AM
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Notice how in yesterday’s pre-market watchlist, I said aim small, miss small? Well, that’s exactly what I did with HYHY, the big dump I wanted wasn’t there, so I got out and played it safe. New conservatism for me, I like the way it feels…all tingly. People emailing me saying its failing to break its days high, who f$#@en cares!?!?! You guys really gotta think in terms of big green on the day= big success, likely big momentum tomorrow, little green on the day=little success…little red=failure, momentum stopped cold, big drop possible tomorrow…big red=too late to short unless its really stretched….gotta make u understand hype drives prices up fast, panic drives price down faster, everything in between isn’t as predictable…I went for a big panic, didn’t get it, so I got out…now advantage shifts back to longs….uhhhhh I feel like I’m taking crazy pills
SSN Ha, I was looking to buy these things on the breakouts—shows you what I know about buying stocks, seriously, “buyer beware” here…unfortunately, I was all wrapped up in HYHY to play this and just about every other oil/gas play taking the morning dump HYHY failed to do…good pattern, just chose the wrong stocks…it happens. Magic Mike made over $7,000 on this one in 1 day, going both long and short, now his account has gone from $50k to $350k in 5 months!?!?!?!?!, no joke…interview coming….Tony Ellis has work to do….makes a PennyStocking teacher proud…I only taught him Short Selling though
KKD WTF?!?!?! KKD is coming back…no way, my eyes must be glazing over..hehe…next thing you know the other horribly mismanaged brand JMBA will be coming back—hell no, see the difference in the charts…rising on decent earnings, THIS ANALyst doesn’t like it, but who cares, he’s a goddamn ANALyst he’s got the credibility of a Bear CEO on CNBC. Market ignores dumbasses and goes higher. Respect earnings squeezes, I’d buy before I’d short here…not that I will likely do either, just watchin’
CADM finished red, albeit slightly…definitely reserve shares, if it can take out $1.68-$1.70, it can go to $1.50…I hate trying to squeeze a short into such close quarters, but it is a possible angle…same slightly red day on MCKE and weirdo company BESN
ARTE Sad to say but this one fell through my web of potential shorts, too little sleep, too much traffic, too many emails, too many excuses more like it…good news is soon I’ll have helpers so these mistakes will be minimized….even though I did update TIMalert subscribers just after 2pm around $1.65, so I’ve got that going for me…just a perfect perfect chart to short, fell back right down after resistance in the low $2, already made a big move, risk-reward isn’t great here…uh what a tragedy I missed this, pathetic…magic Mike also hit this
LBAS people with balls made another 20 cents/share…let’s hear it, who’s long!
QBIK sooo much selling pressure everywhere, blehhhh, probly not gonna be a buy unless it proves it can spike, aka cut through determined sellers/shorts
PDO too an even bigger afternoon dump of $7…glad I mentioned that in the same afternoon TIMalert as a potential short, even if I couldn’t find any shares…could any of you? Probly, I gotta open up more accounts…now it’s a double top along with other wannabe breakouts, but now proven…at least temporarily…fakeouts ROYL, FPP and TGC…TGC still looking the best out of them, but not my kind of stuff, I like frauds not commodities! GTE is another one that tanked hard quickly—all the result of beautiful stop losses from naïve investors…god damn I wish I’d brought my Short Selling surf board on that one…just laziness on my part
PINN actually almost shorted this before the close as it ‘twas the only oil play to hold its gains…probable fader, but methinks there’s a reasonable shot at a morning squeeze since it did still finish green…I might exit my trades too quickly (picked TGC for TIMalert subscribers at $1.69, went up to $2.09…I sold out at $1.78 like a little babbbby), but I know I don’t want to be early these spikers, especially non pump and dumps…reserve shares just in case
PESI subcontractor news/message board hype pushed this up…definitely reserve shares though as I hope there’s a big spike we can short into, just gotta be careful cuz they always go further than you think possible…aka wait for fading volume and maybe even some red going into the close…sure will be interesting with LiveStock from 1-2PM later today!
ENT was sooooooo close to breaking out and then it just got smacked around like an abused housewife. This is the very definition of a double top, and domestic investor violence…solid base in the low $4s if it cracks that it goes to $3…that’d be tough, oil would have to drop hella lot…not gonna try to predict that…better setup would be next time, if any, it tries to breach $5.08-$5.10…99 times outta 100 you buy that breakout cuz shorts would be screwed/squeezed to $6s
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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
LBAS—- I am long since 7.77 —- I am riding this one
HYHY, talked to just about anyone and everyone I could find over at TOS and there are none available to short. I wanted to add to my position but could not. The one rep told me this stock is in high demand for a short today> thanks genius
PESI Buy to cover 500 @2.75 goin fishing
HYHY yes no borrows anymore I have a GTC at 3.99 and 4.19 500 shares each that I was able to get the other day…
other than that they are gone for me too
PS….. There is a huge bid for 99K shares on HYHY in and out around the 2.58 mark just like there was for LAUD = probable fake just to scare shorts
Looking at the LBAS one month or even 10 day trading chart- it’s a beautiful upward vertical movement, a gain of maybe .15 per day—-no huge movements, which I think is good– no room to short which I think bring in the buyers…..
I’ve got a lot of work to do after yesterday. Complete disaster!
LBAS this reminds me of the squeeze on MNCS before the end
[img]http://bigcharts.marketwatch.com/charts/big.chart?symb=MNCSQ&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=1&state=8&sid=1826369&style=320&time=12&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=6079&mocktick=1[/img]
Anyone playing GETG? I’m looking for IVAN to hit 3.95 to go long.
Let me get a bit more on PINN!
I shorted SSN for $300. Could have been double if I got the Price I originally tried to get in on when it started going vertical.
AWESOME TIMalert.. shorted KKD @ 5.31 only 200shares. to test out your alert.. haha Not that I didn’t trust you are anything TIM..
LOL.
aweosme Al
Tony, i dont understand how it could be a disaster, all those oil stocks surged in the morning, easy easy easy time to take great profits, what happened? (teaser for detailed post…)
LBAs is tempting except we know how it’ll end so its scary
market’s crashing and HYHY is breaking out, proves companies must spam to go up in this market!
Tom, haha glad u shorted KKD, i’m telling u i have the dark gift
LOL…I’ve got one coming.
Anyone caught the TGC short??
and tom thats exactly the point of timalerts
http://www.timothysykes.com/timalerts
…i just flesh out the plays, u guys can do whatever u want with em!
Held ABAT short over nignt (in 4.96) got out this AM (way to early) at 4.86. $30 after commsission, but I almost covered last night for a loss of over $70..
excellent KKD short——–
Cover my KKD @ 4.64.. a quick $150 profit.. awesome Tim.. thx again.. TIMalert kick ass.. finally I can break that $100 profit.. lol..
Is the rumor true? TOS cannot short OTC now because of their clearing house??
Shorted TGC at 1.90 covered at 1.75 yesterday. I tried to get in at 1.99 but it fell to fast. Not bad for my first attempted at shorting.
12 plays only Tim! BS!
Remember I’m your #1 stubborn student. I took your strategy and tweak it! lol
The recession is here, we will bring these companies to there knees! I’m even recruiting for you, so book and dvd sales should go through the roof.
Cover, why should I when my picks are dropping like rain in Washington state.
Thanks for bringing to the darkside.
$$Signed$$
The Market Fantom
TOS told me this morning that Penson changed the rule over night. So no more shorting OTC’s thru them for now.
Fantom, you’re starting to scare me bro.. :)
Up $493 in 53 mins.
So they will rest in Tim’s valley of the picks.
Damn, that sux on TOS. I just switched over to them this week.
nice buck!
yes bob, looks that way :(
Uggg, the first think I said when I heard it over at Mike’s chat was Sykes must be flipping out!
Now you have to wear all black for LiveStock….
Looks like I’m not in as much of a hurry to fund that account, especially with TDA offering $5 trades with their izone service..
I am Short HBAN @ 6.08-
why r u shorting HBAN it just made higher high!!!
Imsmith
HBAN has little down side, might be good for a scalp, don’t
hold too long.
TOS having problems guys?
Bob (VC) how do you like TDA? Izone service?
profit holding @ $495
HBAN is going to crater like OZRK from the highs. There is no bank that can hold its gains. HBAN atleast $.30 downside from these levels to test day lows. Next time it goes under $6 it won’t come back up.
Fantom- haven’t started using it yet, but I use my regular TDA account within the izone limitations anyway. I like their tools, and they’re pretty reliable. Only downside to izone is the $5000 funding requirement.
I’m going to close out some of my long AAPL and use the proceeds to fund my other TDA account, which I hope they can switch to izone.
imsmith- start your victorious cover
Is there any other broker’s out there that allow shorting OTC’s. Sorry but I just recently went the short route.
be hold traders..stop orders cost you more on TOS!!!..they just tell you they have a flat fee.. until you switch!!!
Kevin- I am expecting at least .70 gain off of this- maybe not by the end of the day- but some time next week. There is a long line to get out of this POS
FITB is another bank about to dive under 10 again. Easy $.50 scalp on that one. Banks are dead.
ImSmith- good luck my friend. i see it rising in the near future, but later next week may be the better time for you.
new post:
http://www.timothysykes.com/ti.....or-timmay/
Mr. Sykes, Im long LBAS and I think I do know were it will end up and thats way up from here. I know you dont due a whole lot of DD, however do you have anything to back up why you think LBAS is going down?
OUT
INSMITH, IMO cover now, especially with the gain and volume today.
Good Luck
Thanks VC,
Put WGO on the radar guys. They’ve got problems
Anyone going to the Olympics? Make sure you bring your Visa!
BOYS just so you know, thinkorswim no longer allows shorting of OTCBB and pink sheet.
ThinkorSwim no longer allows you to short OTCBB or pink sheet.
Thanks for the heads up regarding iZone - I’m currently with TDA Apex, will be looking into the iZone.
Just discovered this:
http://www.istockmanager.com/
Exactly what I was hoping for! I forgot who was looking for a new phone, but this software looks great!
lovin these bank breakouts
Quest Minerals & Mining (QMNM) from (almost) zero to 0.015 in two days
Tim just wanted to let you know that Livestock was great yesterday and thanks for taking us through one of your real live trades. I could tell you were really pumped and a lot more prepared this week. Thanks again for letting us in on this.