PennyStocking Plays For 10.15.07
Posted by Timothy Sykes on Sun 14th of Oct, 2007 01:44:07 PM
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Am I really going to advocate playing Penny Stocks–you’re damn right I am! This unloved market is responsible for my millions in gains and hundreds of thousands in losses–it’s been my home for nearly a decade and I won’t desert it now.
For years, I’ve had to put up with people who know little about this market talking trash about it, claiming it’s akin to gambling a
nd that all my gains have been sheer luck. I disagree. Now that I’ve closed my hedge fund down, I’m gonna let my big fat mouth do the talking and tell everyone what I’ve seen and then we’ll see who’s right. I admit I could be wrong, but people will finally be able to judge me and my neighborhood based on facts, rather than assumptions.
Sure, there’s crime in my neighborhood, and no matter what the SEC tries to do, the “marketers” will find some new ways to hype specific stocks and take advantage of the suckers. So, instead of trying to shut these guys down (which I think is impossible since they’ll always come back like weeds), why not educate the public so they can actually profit from this market’s unique characteristics? There’s always gonna be suckers, but through education, the crime rate should drop substantially. Following this strategy, I intend to do for Penny Stocks what Giuliani did for NYC. Read that sentence again so its meaning sinks in.
But change is slow so let’s take it one day at a time, starting with Monday’s PennyStocking plays, (Nasdaq: GIGA), (OTCBB: CAGC), (OTCBB: DPDW), (OTCBB: SPKL), (OTCBB: CPHI) and (OTCBB: CHNG)
Disclosure: I have no positions in any of the stocks mentioned although that could change at any time. I’m still in the process of transferring my hedge fund accounts to personal accounts so when the transition is complete within the next few weeks, I’ll begin posting my real-time trades.
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)
