12 Stocks To Buy & Short Sell Whose Longterm Prospects Are Worse Than French Attitude - Timothy Sykes

12 Stocks To Buy & Short Sell Whose Longterm Prospects Are Worse Than French Attitude

New Profitly and Profiding features

Thinkorswim Trading Account: $208,873, up 43% in 2011, up 56% in 2010, up 141% in 2009 and is now up 1,583% since 11/07 start

Total Account Balance: $845,910 up 41% in 2011 so far, up 57% in 2010

Yesterday was a $4,000ish profit day for subscribers and I ($300 profit day for me):

Too many trades lately, go look on Profitly to see how everyone’s doing

Portage Resources Inc (POTG), Location Based Technologies Inc (LBAS), LATITUDE SOLUTIONS INC (LATI), Jammin Java Corp. (JAMN) are the pumps still in plays…none look like ideal shorts although LATI might soon fall of a cliff…let the others go up as much as they want, I won’t short randomly as that begs for you to get crushed.

Quepasa Corporation (QPSA), Zagg Inc (ZAGG), Sify Technologies Limited (SIFY) and Glu Mobile Inc. (GLUU) are always potential buys if they dip enough, but sadly they’re holding up rather well despite the overall market tanking…probly because they’re all down so much already, gotta hope for some panic worth buying

STAAR Surgical Company (STAA), MAKO Surgical Corp. (MAKO), Biolase Technology, Inc. (BLTI) and BroadSoft Inc (BSFT) are the 4 earnings winners I’m now watching…RST drops off the list due to terrible performance, BLTI is the new winner of the day…all are potential buy on big intraday dips just as I showed off successful buying MAKO near the day low at $26.22…I wimped out for just a 30 cent/share gain but later yesterday it touched $28, a nearly $2/share gain from my entry…the good news is that because these situations are so ideal in this market, even when you mess up like I did, you can still profit nicely…now that’s a good strategy as long as you wait for true panic and use my Learn Level 2 DVD, which sadly far too many people ignore, to try to pick the bottoms intraday.

Posted in Premium, Text Watchlists

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one comment

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

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