16 Stocks I’m Watching And I Need To Know What Products To Giveaway To My Readers!
No worthy trading opportunities on the horizon, just a bunch of rugrats…to pass the time between worthy plays, I just unleashed several new categories in the FORUMS, most importantly, CONTESTS, to which I need your replies because I’m gonna start giving away products like crazy to my valued readers and feed subscribers. (one of 19 blog projects in development, seriously, to help make this stuff more fun!) So, def. tell me what you want so the prizes don’t end up looking like this:
Oh yeah, here’s what microcrappers I’m watching:
SEED’s horrific earnings report and 30% crash in stock price shows just how bad most of these hyped up companies really are business-wise. Wait a minute, business perception isn’t the same as business reality? Grow up Peter Pan, Count Chocula, welcome to PennyStocking! Naïve buyers beware on other microcrapper agris COIN, FEED, NOEC and GRO.
So much for the sun possibly coming out on microcrapper FRPT as after the close Friday, they “discovered” accounting problems, delayed their earnings report, blah blah blah, just the latest example of why you should never trust optimistic management (a few weeks ago, they kept saying the future was soooooo bright), especially when the stock gets hammered (institutions bail quickly when the ‘crap’ in microcrap doesn’t seem so micro anymore) and they claim innocence. These guys are guilty, guilty, guilty of being typical microcrap management scum. Don’t say I didn’t warn ya! Stick a fork in ‘em and keep an eye on which company they crawl to next for what will probably be another fun pump and dump. Shake and bake, baby, shake and bake!
For the past decade or so SWC and VLNC really have never had anything to cheer about, but now that both stocks—despite being in diff. industries—are surging, their shareholders are going crazy at open mic night belting out Bush lyrics, “I don’t wanna come back down from this cloud…it’s taken me all this, all this, time”. You and I both want to tell them to shut the hell up, but we can’t because we respect, we don’t get in the way of, runners like these, no matter how bad their singing voice is. That is until the bartender calls last call, signaling sobriety will soon kick in—and with these solid charts, that doesn’t look to be happening anytime soon. Same goes for just about every hot commodity play out there, HL, EGO and PAL—let these kids have their fun, many will crash and burn in fiery drunken driving accidents!
Ah MNTA, another nice little biotech rebounder, based very well all day on Friday between $9.50 and $10.50, I don’t like shorting stocks that base after gains, I prefer spikes and afternoon fades. Sooooooo, this one has to go a lot higher to make it worthwhile, good luck with that (but I’m rootin’ for ya kid!)
And hopefully by now, you’ve learned not to look at strong earnings plays OVTI, SAPE, JRJC and NOVL as shorts—nope, great earnings + a great reaction to those earnings = odds shift to favor the bulls for the next few days/weeks.
No positions, looks like nothing great to trade on Monday, patience, grasshopper, patience
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May 16, 2008My whole KYUS saga...still a solid profit of $350 today, the only time I shoulda been playing this stock
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PDO already up $1.25, sux I'll be away all morning workin' on TIMtv, got 500 shares reserved to short if need be this afternoon
Also reserved 3,000 FORC and KYUS for potential shorts
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1Jason
March 2nd, 2008 at 6:45 pm
I don’t get it - are you really going to give away free stuff? Yay for timothy sykes!
2Randy
March 2nd, 2008 at 6:51 pm
The Momentus Swing Trainer
3timsykes
March 2nd, 2008 at 7:12 pm
yea dude, we’re gonna be giving away tons of free stuff….fuuuuuuuuuuuuuuuuuun
Randy, u don’t need code for links, just type in the normal URL
4admin
March 2nd, 2008 at 10:30 pm
5JJ(TIMBUCKS: $72)
March 2nd, 2008 at 10:42 pm
Ya…perhaps the toilet bowl clearner should go to the worst microcrapper trader for the week…biggest dumpaaaahhhh! Yaaaaaaa.
6be-the-ball(TIMBUCKS: $25)
March 2nd, 2008 at 11:56 pm
Tim,
I got 20 spams this weekend touting DLII. Could be in play as a short once the pump is over.
7be-the-ball(TIMBUCKS: $25)
March 3rd, 2008 at 12:09 am
AM I reading my chart right, was *DLII once an $8000 stock?
8M
March 3rd, 2008 at 3:35 am
What’s your current take on KRY?
Last week the company denied getting a permit for their mine, but a report from Venezuela said they got it which caused a small surge. You never know what to expect with these junior miners so I’m slightly cautious and would love your opinion.
Do you think the permit is inevitable or is this one still a roll of the dice? If you like it, what percentage of the portfolio do you recommend moving there? My portfolio is at just about 35K.
9timsykes
March 3rd, 2008 at 9:40 am
neither DLII and KRY are volatile enough for me nr do their charts have any foral patterns. play either one and u just roll the dice
10Al
March 3rd, 2008 at 10:08 am
Just bought 500 INTC@ 20.00. Need to hold till tomorrow because of Day trade restrictions
11timsykes
March 3rd, 2008 at 10:15 am
I love COIN’s mention in the Gartman Letter, squeeeeeeze you stupid shorties, squeeeeeeze
12lmsmith
March 3rd, 2008 at 11:10 am
Coin is like a perfect quick play….. so far so good… bought 400 shares at 12.90 this morning- and within 10 minutes sold at $13.60…. quick money…. let’s see this baby do the same tomorrow morning…
13puma
March 3rd, 2008 at 11:12 am
is coin a short now that its above 13?
14timsykes
March 3rd, 2008 at 11:26 am
COIN is not a short, it could triple top again at 14ish but the downside now is just so inimal and the upside is huge, even if the odds are against it. conflicting variables=avoid. wait for signs of either full fledged breakout or breakdown before buying or shorting
15timsykes
March 3rd, 2008 at 11:33 am
Al, why play INTC? Feelin lucky and dont have time to go the casino?
16lmsmith
March 3rd, 2008 at 11:35 am
INTC- looks like its going down
17be-the-ball(TIMBUCKS: $25)
March 3rd, 2008 at 11:52 am
tim
need to learn to read. I didn’t say to play DLII, said it COULD be in play if the pumpers do their thing.
just putting it on peoples radar. seem to recall you saying you wanted to hear about SPAM stock plays.
18timsykes
March 3rd, 2008 at 12:03 pm
i like spam stock plays just volatilte ones. when u get 500 emails/comments a day, lets see how well u read
19Al
March 3rd, 2008 at 12:45 pm
Tim,
INTC has been between ~ $20 and 21 for about a month .. So seeing it’s at 20 I thought it was a fairly save bet, I mean trade.
20timsykes
March 3rd, 2008 at 12:49 pm
fairly safe yes but very little upside. also ranges are meant to be broken.
21Al
March 3rd, 2008 at 12:58 pm
Tim,
Well did take a chance.. I can’t trade today because of being flagged as a pattern day trader.
I couldn’t sit on the side lines all day and your right I couldn’t get down to Foxwoods today.