How To Make $5,000 With 10 Hot Stocks Under $5

The following was sent to TIMalert subscribers at midnight last night as you were clicking Marketwatch looking at irrelevant futures…good job:

Great weekend research on the two stocks I’m short IMGG, which really reminds me of Spongetech Delivery Systems Inc. (SPNGE), and NPHC, see my report & the Dow Jones Newswire report

TIM trading account—now stands at $82,528, I made $2,400+ on my ZAGG breakout buy…just like VG, the breakout was expected by many, but it didn’t last very long, so I had to lock in profits, stock still finished around where I sold, could be good this week…now I’m up 94% in 2009 and up 565% in the last 23 months

Longer Term Account $162,586, I’m basically up $75 between my 2 short positions on IMGG and NPHC…betting that the world will value them just as their latest financings have, at 90% discounts to their current prices!….account is up 17% since May 1st, 2009 inception…you can auto-trade this account by chatting with Covestor here

Nice day for TIMalert subscribers and I on Friday, $5,000ish in profits for us, congrats guys!

+$400 on ZAGG.

great trade on ZAGG i made $350 paper money since i didn’t get my real fill…. none the less awesome!

$900 profit on ZAGG, easy does it timmay!
-Jim T.

in and out $UCBH for $320 profit in about 10 minutes, probably waayy too quick.

+$57.55 on 500 ZAGG after comms. Hardly seems worth it

+$65 on ZAGG, thx.

$320 profit from shorting VG, small position for $80 profit on ZAGG. Several small gains for another good week.

Nutra Pharma Corp. (NPHC) finished unchanged Friday which is a huge win for bears considering they’re “breakthrough” cobra-venom pain reliever debuts this week…it’s still up from 5 cents/share to 70 cents/share in just the last month so expectations are already high…hugely negative Dow Jones article late Friday night reassures me in my short position…expect a PR and I might be forced to cover my 5,000 share position if the volume starts showing it can run back to its old $1 highs, but if my guess, and this is speculative, is right, the product will bomb and many buyers will sell, realizing that it’s better to buy on rumor, sell on news…my goal is to cover for 20-30 centsshare of downside from here.

Zagg Inc. (ZAGG) continued its breakout to the $6ish level, I sold early Friday morning at $6.10 (finally timed my exit well and got a $2,400ish profit) because the volume was weak, but the stock actually uptrended nicely all day…potential buy still, NASDAQ and/or earnings news could power this thing more, but then again the easy $ is made by buying the first breakout day, EXACTLY like Vonage Holdings Corp. (VG) whose strong one day breakout has now failed.

Hemispherx BioPharma, Inc (HEB) is for TIMalert subscribers only!

Imaging3, Inc. (IMGG) had its first down day losing 4 cents/share to 70 cents/share, potential double-top now over 2 weeks, fading volume and the ugly facts I expose in this blog post…I’m glad to be short 7,000 shares, but I keep it small just in case of the longshot FDA approval, goal it to make 20-30 centsshare of downside

ZOOM TELEPHONICS INC (ZMTP) just started trading last Tuesday at 5 cents/share and quickly zoomed to $5 in 2 days, now its already fallen to $2.65….tiny, tiny company, only 2 million shares out there and they have a wifi-like product which seems inferior to Mifi, but still could get hyped up nicely, especially for this being just a $5 million company at these prices…potential buy, but I gotta see more trading history first.

San West Inc (SNWT) is for TIMalert subscribers only!

Threshold Pharmaceuticals, Inc. (THLD) is for TIMalert subscribers only!

NXT Nutritionals Holdings, Inc. (NXTH) is for TIMalert subscribers only!

Trend Technology Corp. (TRET) is for TIMalert subscribers only!

Scientific Learning Corp. (SCIL) spiked from $3.50 to $7 Friday morning on solid earnings, but the stock faded to $5 by the end of the day as longterm bitter shareholders took the opportunity to breakeven…just watching, gotta see what’s more important in the coming days, selling shareholders or positive earnings?