Sent to TIMalert subscribers early this morning:
Again a ton of potential shorts today, setups are ripe heading into the holidays, a time known for beginner day traders to try their luck, now people are desperate for fast cash so it’s gonna be easy pickings as these fools actually believe message board hype and buy into surging penny stocks…hopefully it happens again this year as it’s fun to take $ from dumb people:
BIDZ is a double off its $2ish lows, classic dead cat ounce, will look for signs of reversal to possibly short
RDNT is also nearly a double off its lows
CSUN reported bad earnings, but was probly priced in considering the stock jumped big, no w a double off its lows in just 3 days…I don’t like earnings plays, but I’m watching.
JRCC is also a double off its lows, just a stock that’s gotten wrecked, no other reason, potential short.
SRI was a great short for a 15% gain, $1,700 profit, detailed post coming, now the stock is dead to me.
STXS looked like it was gonna roll over yesterday, spiked last few minutes, support everywhere so shorting doesn’t look too good.
PRST up from $1 to $2 after a death spiral, potential short
FMD is waaay up off its lows but its also a finance company, no thanks
NCT is another finance place, ow with solid intraday support everywhere, no thanks, I need spiking action, much more likely to reverse!
KFS is a finance spiker, but only its first up day, watching it
TWB had its first up day, $2 to $3 after being in a yearlong death spiral, please oh God let there be a further squeeze.
LNC is a finance company that was trading at $50 just a few weeks ago, no thanks
YGE is like CSUN, alternative energy bouncer, almost a double off its lows.
YRCW continues squeezes shorts, I won’t be one of them.
SSW is up a bit off its lows, but it’s a real company, no thanks.