17 Stocks To Watch, 11 Of Which I’m Totally Ignoring, Guess Which Ones!
Posted by timothysykes on Fri 18th of Jul, 2008 09:27:24 AM
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ZYXI is vertical price action, but remember its got “solid” fundamental business news…reserve shares every day to short this piggie when its time for it to roast…mmmmm
UBHI is now totally vertical, buyers have balls, but not big ones as last vertical up wave barely retraced at all…it is getting steeper though so a big fall could be forthcoming, reserve shares every day to be prepared
MNLU had big volume, but barely moved—means big selling, many short sellers…definitely reserve shares to short, this one could really tank after any minor dip, support at $6, but its weak, really could drop all the way to $5
IDAE is trying to hold its gain, who cares if it does or doesn’t..I’ll only buy on a true breakout and even then, I’m hesitant since the “up a little every day” pattern they worked so hard to build is now dead, eaning the price action could be messy (see my Pennystocking DVD for explanation of messy charts)
ETLO might be illiquid, but when a stock can drop $4/share in a day, you gotta find shares to short…apparently some brokers had shares, anybody win?
HOKU is an earnings play, bye bye, me ignore those
MITI
STSA
CNB
BKUNA
TONE
HBAN
DSL
TSFG
BPOP
HOKU
MBWM
All those 11 tickers above are financials, read my lips, I won’t play ‘em—sure there’s money to be made, but that’s not my game as their moves are news, not manipulation-based. Just like Buffett ignoring tech stocks during the tech boom, you gotta know what you understand and ignore the stuff you don’t. Trust me, it’s not a rule I enjoy enforcing, but I’ve been burned too many times by commodity, financial and real companies, just have learned to stick with my pump and dumps…you want advice on these financials, go visit Mike’s chatroom…he’s supposedly up $25k in the last day or so…methinks they’ll squeeze some more shorts, then maybe make rollover test lows and either break or double bottom, but I dunno and I don’t care—
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Come on …we need a big Friday!
Couldn’t find any shares of MNLU to short?! Aargh! Oh well, there will be other trades in the future.
MNLU down 25%!
mnlu not surprising in the least, when u’re a stock that gets manipulated higher, eventually you’re gonna have to pay for your sins…as i emailed TIMalert subscribers yesterday afternoon:
“I’m watching MNLU do nothing
Can’t find any news on mnlu . What happened?
people woke up
SOmebody throw a bomb on their offices or somthing?
It opened way down after holding steady all day yesterda, got to be some news. No way to tell about this drop yesterday, Even was trying to get long the day before ….. scary stuff
yah none of these scammers require news…its all in the charts, say it with me now, its all the charts, c’mon now, it’s all in the charts
WOW, huge volume on zyxi !!!!when it falls, it will fall fast
Just curious…anybody finds shares/make money off MNLU?
couldn’t get shares of any of the 4 possible shorts. tried twice on ToS. will have to keep my fingers crossed and hope something comes up when i want to execute.
Its all in the charts. Its all in the charts.
This was one of the best risk reward trades I’ve seen in a long time (MNLU that is). As William O’Neill would say, the stock was churning big time yesterday. High volume day with no upward price progress.
Combine that high volume day yesterday on MNLU with a tiny doji and a significant day-on-day price increase–stair step to heaven chart pattern–on a crappy stock, and you have the formula for an amazing short sell.
I am thinking if MNLU breaks 5 it will have a long fall. holding around 5.20-5.30. Might even tank if it breaks 5.10
YG, who cares what think, who cares what i think, the down move has been made, now its a question of whether the manipulators wanna stem the bleeding…could rebound like IDAE or just be another CNEX and keep going down, all guessing games now
Uggg, I was looking into shorting MNLU into the close yesterday with its red doji star, and the fact it didn’t hold its ascending trendline…but I thought it might keep creeping up…missed out on a great play
Looking back, risk/reward was good and I should’ve played…because MNLU’s momentum was dying, and even if it started green today, it doesn’t move very fast so I could’ve gotten out with small loss at worst
C lost 2.5 billion. Fantastic news for market rally. LOL MER opened up green after losing nearly 5 billion. LOL Thank you C for letting me get in on 4 plays today. Bought the SKF, USO, MER puts, and GOOG 490 puts at the open. A blind man could have seen the open wasn’t going to hold. You’ll see the DOW drop triple digits in the afternoon. SKF will close at 150. GOOG will trade under 470. MER should touch AH lows of 27.50. Gotta love manipulation.
Oil only went under 130 this week because of max pain options expiration. Oil options expired on Thursday. With all these tens of billions in losses being announced the dollar will continue slipping. Oil prices could care less about supply and demand. It’s being valued like gold as a hedge against the toilet paper dollar. Superspike soon over 150.
Don’t listen to the azzholes on CNBC saying the worst is over. It hasn’t even begun yet. ARMS are set to adjust in another month or two where you’ll see another million homes come under foreclosure.
Didn’t get in any of the 2 stocks I had on my morning watchlist, and they all went expected direction. Wanted to go long ZYXI on break of 2.99 resistance (Couldn’t get fill on this rapidly moving OTCBB stock). Couldn’t find any shares to short of MNLU. The missed trades are as frustrating as the losing trades!
with these BBs, u really gotta plan a day ahead
FRE mulling $10 billion sale offer. LOL For reward I’ll spike you 15% in the morning.
Read my LIPS.
FRE and FNM going bust. All the great fund managers are short these two stocks and won’t cover till 0.
ethanol stocks are running right now…whats going on…look at PEIX, VSE
You said to visit Mike’s chatroom, who is Mike?
GOOG will close at 449 by close. This is going to be a 1,000% gain on certain puts from open. Easily the best play in the market today if you trade options. These types of plays come once in a blue moon.
Tried to short UBHI since it was 3.20, got it executed at $3.065 all I could get was 500 shares from Interactive Brokers non from think or swim, also short 800 shares of cris at 1.80, looks like the little piggy that couldn’t keep on flying.
Got 1700 shares of zyxi reserved at TOS, please fall baby..
Hi Coleman, Mike is Mike the 13th at site ‘Green on the Screen’ at:
http://greenonthescreen.blogspot.com/
There is a chat room which is pretty busy with people discussing range of stocks that they are playing/watching. It is free to join. Cheers Cel.
OPTV - looks promising…
Sykes. I got one for you.
PARL ready to take out the 52 week highs. This one should rally to 6. 5.45 for all you. TommyTim alerts. Buy PARL at 5.45.
Optv looks good, will wait until it breaks 1.75 on volume spike, parl looks like it is having problems to break through 5.45, will be interesting if it breaks it with some volume.
Remember to short stocks on upgrades once they’ve peaked. Upgrades are never enough to maintain a stock. VSE resistance at 6. Short it. Market is going down in the afternoon. VSE will touch 5.40 by close. Currently at 5.92. Buy FNM puts if you have options approval. Stock just jumped 1.50 to 13.50. Will be a 6 dollar stock in another month.
Nice volume spike on RUNU could jump
How about VSE - think it will crack resistance, or plateau - good for potential short if it starts to crack?
VSE really hasn’t much volume…
Don’t know Tommy, if it breaks $14 it may run up to next resistance 15 and then 17 in no time, just got a small short position with a tight stop over $14.Betting it will not break the resistance at $14 but if it does I am out.
SPRD, NAPS (yes Napstes) PEIX all have interesting charts…
RUNU looks to break out!!!
Is it time to jump in RUNU?
I got in at .0075…its looking good right now…Message boards are blowing up with RUNU spam..how high can she go
bit on XFML @ 2.25. it’s up against a wall around 2.5 right now. anyone have any thoughts on whether its breaking down or consolidating?
Yes I looked on a few mess boards and lots of spam, im not looking for a buy hold I want the buy sell for the quick couple few hundy
Financials ran because of short covering. Read today Soros covered all his short positions in the financials because he was afraid of government policy. Government did exactly that by stopping naked shorting in many of the big names. He’s also long gold and short oil from 137. Believes in the historic 10 to 1 price ratio. Really can’t talk about negative about Soros but I will say he’s got it wrong. Yea, I know he makes more in a minute than everyone here in their lifetimes but doesn’t mean these guys are always correct. He’s been served in many positions. Bunch of idiots on CNBC talking bearish about oil. Oil is only at these levels because it’s a hedge. Has nothing to do with demand. Watch this weekend when nothing positive comes with the Iran and US talks in Geneva. You’ll get a $5 spike. 130 support still in place. My worthless opinion is as accurate as the experts. I have rationale atleast in my predictions. It’s not just blind guessing. If I’m wrong I’m wrong it won’t be the first time.
I’ll say I’m in shock the market was up 60 points earlier. Back down she goes though. Triple digit down day. No one is going to hold a financial position over the weekend.
I still think GOOG will touch 549. Call me crazy. GooG did exactly that about 2 years ago on earnings with options expiration. My 490 PUTS are solid. I picked up some 480 PUTS for a buck and change. If GOOG hits 450 these are 30 baggers. LOL
Out of my fannie mae short at3.21 for a silly $45 scalp after commissions. Would try the trick again if it approaches the $14 ressistance one more time, qill leave it as an aouto trade and focus on finding good plays….ah… and on work.
Still holding my 500 shares short of ubhi at3.06 and 800 of cris at 1.80.
Tim’s and fam, what’s the deal with the new short selling rule?
new post:
http://www.timothysykes.com/ti.....interview/
GetShorty- Go reshort man. What are you doing covering that position up. That POS stock is going nowhere but down. You could hold that position for a week. Financial run is done. This is a fake rally caused by the government going communist on us implementing rules. I also feel they are behind the oil drop. Meeting with Iran. WTF. Why the sudden change in policy. Obama was getting ripped for suggesting diplomatic talks with Iran.
Some moron on CNBC now talking about 16K DOW next year. LOL ” I been in the market 30 years I know what I’m talking about”. LMAO Shove it!!! Just wait for the ARMS to readjust.
Tommy, what makes you think that way of FNM?
William Ackman makes me think that. This guy shorted MBI and ABK in the 70’s. He said he wouldn’t cover till they hit 0. He feels the same about FNM and FRE. Control of both will go back to the government once shareholders equity sinks to 0. Rumors earlier FRE was going to have a $10 billion offering. You don’t survive when you’re pulling $hit like that. Too much corruption in both. Read an article both spent 200 million on lobbying and campaign contributions.
Tommy, how much is your exposure shorting financials, you walking the talk?
Anybody here looking for a REAL fraud of a company, look no further than HEV.
Read the citron report
http://www.citronresearch.com/