14 Strong Penny Stocks To Watch Tomorrow

This is why it’s so difficult to trust ANY penny stock

Please watch this so I don’t have to keep repeating myselfTHIS too

Thinkorswim Trading Account: $132,158, no trades/positions, this account is up 29% in 2010, up 141% in 2009 and up 964% since Nov. 2007 start

Conservative SogoTrade Account: $209,271, made $1.8k on my ROHI overnight short, account is up 81% since Nov. 2009 start

Conservative Interactive Brokers Account: $182,742, no trades/positions, up 22% since May 2009 start

Aggressive Interactive Brokers Account: $60,473, account is up 21% since Nov. 2009 start

Wow, today was a $23,000ish profit day ($1,800ish profit day for me) for the TIMalert subscribers listed below:

out ROHI. +$1650

ROHI short = $1,530 gain – now I’m eating popcorn LMAO at this Senate Hearing

Made 840 on ROHI got out way too early and PTEK was not zzz it was $$$

+$252 on small APPY short

Closed ROHI for a gain of $1,590. Thank you so much Tim!!!!!

SYKE! Shorts galore! +1027 FTBK, +780 ROHI, +480 DEAR. Tim, you just help me pay for your early bird November seminar in Las Vegas!

-260 the first time I shorted FTBK, now +600 of unrealized profit in it while holding o/n

+400 on ROHI short overnight

$563.80 unrealized on ROHI for now.

made 1700 on DEAR

shorted APPY at 4.49 and covered at 4.01, thanks +965

tim , JUST covered APPY, U told in video watch list , ths easy 1.5k

Covered ROHI finally, left $400 on the table cause of sogo being slow

+2000 on ROHI, +1200 on ASFN, -325 (unrealized) on ANTF,ENCO and APPY. Txs Tim!!

Nice +475 gain today. +190 on ROHI. +285 on FTBK.

+$350 on 2400 ROHI o/n. A little lame, but green is green.

+180 on ROHI, short again o/on, +60 unrealized on a measly 100 shares short FTBK, Flat on ANTF

Out GRAN $3400
-sir dudeness

China Infrastructure Investment Corp. (CIIC) is setting up to be my next massive winner on the short side…a solid looking multi-newsletter pump, let it rage and roar and message boards will love it and then the music will stop and I will collect on my short…I can envision the entire trades 1-2 days before I even make it because it’s the same trade I’ve been making for a decade…the same pattern in my PennyStocking Part Deux DVD and all 10 instructional DVD packages…potential short, please learn the pattern.

AspenBio Pharma, Inc. (APPY) was a great short from 5 to 4 for the first hour today, then it gradually rose all day and actually finished green, which will likely create a short squeeze tomorrow…this kind of choppy price action is actually healthy since it shakes out weak longs and pulls in short sellers, this could very well breakout, but we have to see what the momentum will be like/the fortitude of the shorts…potential short if volume starts to dry up, potential buy if it can break above 5 convincingly.

Positron Corp. (POSC) just keeps dropping another 20% as the company tried to update their lackluster press release with further lackluster press releases…BiomedReports.com says they are still long the stock, but that “long POSC” disclaimer disappeared on their Friday and Monday posts so either it was a typo or I don’t know what…now they say there will be an “updated” CEO interview tomorrow…very questionable passages like “Some key details about a big partnership which will be revealed at the press conference can not be discussed until early May,”…I HOPE Garza and BMR can come through with their thinking that “we fully expect that the stock will trade higher as the press conference date approaches” so I can reshort the stock if it spikes again as at 16 cents/share, it’s just not worth my time/risk, potential reshort, but somehow I think this will fade into oblivion like most other companies with short-seller friendly annual reports like that of POSC.

Ante4, Inc. (ANTF) was like ROHI on the first down day but as I explained in the StockGoodies interview the other night (which had server problems, they apologize to all of you who wanted to get in…don’t worry, it’s recorded), it didn’t look at tempting, it was flat all day today, technical support just below on multiple timeframes, no definitive play but if it can’t bounce then it’s a potential short.

Rotech Healthcare Inc. (ROHI) I was right for a 23% intraday drop, but I only stuck around for 7% of that drop as it didn’t do the morning panic I wanted and the rest of the drop was probly due to the overall market mixed with the stock’s excessive runup over the past few days…congrats to everyone who had more patience than me, sometimes that’s a good thing, but sometimes it’s dangerous…so I made $1,778 and could’ve made more, no regrets, I stay disciplined and look for specific patterns and I get out when they don’t work out…no play now, still a potential short for the aggressive (not me)

Dearborn Bancorp Inc. (DEAR), Crescent Banking Co. (CSNT)
Pacific Capital Bancorp (PCBC), Midwest Banc Holdings, Inc. (MBHI), Eurobancshares Inc (EUBK), Frontier Financial Corporation (FTBK) did exactly what I thought they would do, they all pulled PCBC-like 20-40% intraday drops…good shorting for many people, I almost shorted FTBK in the morning, but was scared out by takeover rumors and a morning spike…that one only faded late in the day when they denied the rumors, all the others were nice and gradual and I shoulda woulda coulda focused on them…still feeling pretty good about my DEAR buy, normally I don’t make any money on these financials so I am satisfied….no play now on any of them.

TiVo Inc. (TIVO), Sonic Solutions (SNIC) and IMAX Corporation (IMAX) were the hottest “new technology” stocks the other day, then when the overall market tanks, these get hit hardest….which is why naïve CNBC viewers lose tons and their ratings are plummeting as if they were Goldman Sachs reputation…yes, I said potential buys, but when the overall market is not its usually bullish state, that option is out the window…still potential buys on any big pullbacks as people in Portugal and Greece don’t really use these products ☺