7 Low Priced Microcraps Creeping Their Way Higher

Posted by timothysykes on Sun 16th of Mar, 2008 05:55:32 PM
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Now, I’m not playing any of these just yet, I like my microcraps to have risen 100-300% within a few days so these plays have their work cut out to truly interest me. Buuuuuuuut you still gotta put ‘em on your watchlist, just in case.

FNAT—waaaaay too low for me to play/care about but the chart is a great example of what I look for if this stock was trading 100x, aka it goes from $1 to $8

fnat 7 Low Priced Microcraps Creeping Their Way Higher

JYHW—methinks it’ll be ready shortly for a biiiiiiiiig 1-2 day dump, just as it did last time it ran up so steeply, kinda like CVSC, which I featured HERE the day before its biiiiig drop and is now trying to rebound from some BSC-like tankage!

jyhw 7 Low Priced Microcraps Creeping Their Way Higher

cvsc2 7 Low Priced Microcraps Creeping Their Way Higher

CFSG—classic microcrap company struggle: scandal vs. integrity…scandal wins almost every time, the question is when…I’ll look to short into huuuuuuuge resistance at $10, if it gets there quickly

cfsg 7 Low Priced Microcraps Creeping Their Way Higher

MRGE—trying to rebound, I think, I think I can…yeah right!

mrge 7 Low Priced Microcraps Creeping Their Way Higher

CCBEF—some nice steady uptrending goin’ on

ccbef 7 Low Priced Microcraps Creeping Their Way Higher

EXEL—already $1 off its highs, def. having a tough time holding any of its gains, bringing to mind my analogy of a midget trying to hold up a basketball player

exel 7 Low Priced Microcraps Creeping Their Way Higher

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4 Responses

  1. When u have multi-billion 80+ year old firms collapsing, pennystocking doesn’t seem to too high up there LOL!

  2. If I was to short MRGE I’d wait awhile til it 2 or 3 times higher. It’s probably worth a little more than 50 cents right now. Actually, if it dipped back down to .50 I’d consider going long and bet that it’s chart starts to look more like CCBEF. In other words, I think there are better shorts oout there than MRGE. At the present moment, that is.

  3. Question: why the short bias? why don’t u go long when the microcrappers are trending up? Like for example CCBEF established some support and then trended up nicely. Just not your style? or is there a particular reason? Regards.

  4. Hi Tim,

    Fun site - I get a kick out of a visit every few days.

    Tim, I’m wondering if there’s any way to play a stock like UCU.V (Vancouver Venture Exchange)?

    After November, it seemed to be price channelling consistently. Can you play the up and down on its way down? And of course, you have to wonder if it will pop a spike (on news) like it did in November. Furthermore, despite watching it and wondering for a week, I missed it’s +15% today (went back to work today after the March Break).

    Also I’d love to hear your comments about investing in foreign markets (e.g. TSX,currencies, etc.). Do you ever do it?

    Cheers.

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Date Stock Buy Sell Net
Sept 25 SIL $2.65 $2.98 $640
Sept 25 QCOR $6.98 $7.05 $47
Sept 24 SIL $3.17 $3.53 $700
Sept 24 SIL $3.66 $4.06 $777
Sept 23 MKTY $1.79 $1.95 $465

Total: $28,870 (133%)

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Date Stock Position Ideal Exit % Gain
Sept 25 SIL Short $2.60 13%
Sept 25 QCOR Buy $7.15 2%
Sept 24 SIL Short $2.60 26%
Sept 23 MKTY Short $1.65 15%

August: 4 alerts, 19% avg gain

Sept: 10 alerts, 16% avg gain