Follow Me On Twitter

Please wait while my tweets load...


Posted 1 month, 19 days ago. http://timothysykes.com/2008/03/27/hot-stocks-7-solar-stocks-to-day-trade-aka-how-i-will-short-them/

Hot Stocks: 7 Solar Stocks To Day Trade aka How I Will Short Them!

Tags: Hot Stocks, Potential Plays, Solar Stocks

(SOLF)—up 50% in 5 days, solid resistance at $15, but solid earnings today means the short side is limited, although it’s tough to be bullish either…let’s see how the pattern plays out, I’ll update tomorrow

0101solf

(SOL)—another 50% gainer within a few days, solid earnings gainer today, nice sideways action between $11.50 and $12, that’ll either turn out to be nice support or resistance, tough to be short until that breaks

0101sol

(AKNS)—now up 75% off its lows, today the shorts got squeezed by a magazine article mention, now this is some news to short into—financial journalism is a total joke! Nice short into resistance at $8

0101akns

(ASTI)—up nearly 100% now, got a nice investment form blah blah blah today, squeezed the shorts…until the last hour. Ideally it bounces tomorrow, but either late tomorrow or Monday, it’ll be a great short when it goes negative under $14

0101asti

(CSUN)—put in a nice bottom just over $6, but the strongest solar rally and it only goes up $1, P A T H E T I C…not volatile enough for me

0101csun

(SPIR)—up 60% off panic selling—in actuality, up 30% off solid sideways price action at $12…much less liquid than these other guys, resistance at $18, not sure it’s worth touching either way here

0101spir

(JASO)—the realest of all these companies, up 4 days in a row, but only 20% (sucks to be real, seriously!) (volatility View definition in a new window-wise) I’ll leave it alone, I prefer fake/fraudulent/hype-filled stocks, say hello to the social security-earning investors for me!

0101jaso

Enjoyed this post? Sign up below and never miss a post again!

TIM make you some $$$$? Help him pay his expensive web designer!

59 Responses

Pages: [1] 2 » Show All

  1. 1Steven

    March 27th, 2008 at 8:56 pm

    Tim,

    A solar trading idea for tomorrow.

    Steven

    http://simpletrader.wordpress.com/

    EMKR: Insider buying reported today
    March 28, 2008

    EMKR was recently mentioned negatively by StockLemon aka http://www.citronresearch.com/. The stock has taken a beating in the past few days. Because of CitronResearch’s report the stock likely has developed a big recent short interest.

    Late in the day today, a director reported a big insider buying. http://finance.yahoo.com/q/it?s=EMKR
    RUSSELL THOMAS
    Director 59,200 Direct Purchase at $5.95 per share. $352,240

    That is a big insider buy and will *likely* cause some shorts to cover. So EMKR will likely be a speculative ultra short term long trade. Longs will have more ammo especially if more insider buying gets reported. The stock is extremely volatile of late so be careful with your trades.

    Disclosure: I have no EMKR shares and likely won’t trade it as I don’t quite understand the fundies. EMKR is touted of late as a solar play. So it is a volatile stock, but the odds look to be in favor of a short term long trade.

  2. 2timsykes

    March 27th, 2008 at 9:09 pm

    emkr is not a buy, don’t try to catch falling knives

  3. 3Noname

    March 27th, 2008 at 10:22 pm

    ahaha

  4. 4Noname

    March 27th, 2008 at 10:23 pm

    How is your butler doing? Haha…karma is good…

  5. 5Mike

    March 27th, 2008 at 10:42 pm

    Didn’t AKNS release earnings today?

  6. 6Noname

    March 27th, 2008 at 10:48 pm

    i’m a jerkoff spammer!

  7. 7MikeG

    March 27th, 2008 at 10:51 pm

    Booo Tim-hater. Stop wasting your life tearing him down. First of all, he’s not hurting anyone. Second, ya he’s failed before, but Tim doesn’t give up. And third, he’s just out there trying to have fun. SO please, find something else to do with your time.

  8. 8Mike

    March 27th, 2008 at 11:06 pm

    The original TIM, http://www.wired.com/wired/arc.....money.html They had a webcam on the trading floor, message boards, commentary blogs, posted all trades realtime, etc.

  9. 9timsykes

    March 27th, 2008 at 11:17 pm

    thanks for the link mike, too bad it didnt last very long!

    http://www.bizjournals.com/san.....ily32.html

    problem is they wanted to raise $ and i’m sure the SEC wasn’t too happy, i’m just fine with my own $, taking my fees through product sales

  10. 10Steven

    March 28th, 2008 at 6:20 am

    http://simpletrader.wordpress.com/

    CRUS: Gets an upgrade
    March 28, 2008

    1)Today, CRUS gets an upgrade to BUY from Thomas Weisel.
    Thomas Weisel upgraded shares as they believe Wolfson Microelectronics’ contract bid loss with a major tier-1 customer signals potential share gain for CRUS in the portable media player segment. They raised their target to $8.00 from $5.50 on the news

    2)Yesterday, Jefferies came out with following report on CRUS.

    After Wolfson said its audio solution will not be used in a nexgen Tier I portable audio player expected to be released in Q3, Jefferies’ checks suggest CRUS likely won the audio sockets in the nexgen Apple iPod nano and touch. They estimate this opportunity conservatively adds $10M-15M in incremental revenue for 2H08. Shares remain Buy rated

    Story: CRUS is a value stock with no debt and has almost 3$ per share in cash. Stock traded down to 4$ earlier this year as it slightly missed revenues & options backdating issue was on overhang. However, despite tough market conditions, stock is now in a strong uptrend likely because :

    1) Company is executing aggressively on its announced 150m$ share buyback.

    http://blogs.barrons.com/techt.....od=BOLBlog

    2)Options backdating issue was resolved without any penalties.

    http://blogs.barrons.com/techt.....hoobarrons

    3)Insiders bought a boat load of stock.

    http://finance.yahoo.com/q/it?s=CRUS

    4)Famed investor George Soros took a big position in CRUS.

    http://seekingalpha.com/articl.....rrus-logic

    Recommended Action: Add CRUS to your watchlist and trade on any pullbacks.

  11. 11Steven

    March 28th, 2008 at 6:25 am

    Hi Tim

    CRUS gets an upgrade. I have a writeup on CRUS on my blog site.

    Steven

    http://simpletrader.wordpress.com/

  12. 12Tony Ellis

    March 28th, 2008 at 8:12 am

    REED squeeze potential!

  13. 13timsykes

    March 28th, 2008 at 8:13 am

    REED up 40 cents premarket, gotta love the squeeze, gotta have more balls to buy into the close on such strength even if it is a micropumper

  14. 14lmsmith

    March 28th, 2008 at 8:16 am

    I am on the same wave with you TIM… these stocks will eventually turn sideways and go down……. I use to be one of those solar longs wondering what the hell was going on, when I bought the damn stock when it was up- hoping the next day it will go up even more, Only to disappoint and go down……It is such a trend….just waiting for the perfect time to Short these stocks, especially AKNS

  15. 15timsykes

    March 28th, 2008 at 8:18 am

    reserved shares of REED and ASTI, no AKNS…goood I’m sleepy I dont want to have to short all these plays same day….big lunch meeting also gonna be interesting to fit this all in!

  16. 16Tony Ellis

    March 28th, 2008 at 8:21 am

    you read my mind…I’ve reserved all three also.

  17. 17tsa

    March 28th, 2008 at 8:25 am

    I am short in premarket on REED at $4.80

  18. 18Jay

    March 28th, 2008 at 8:30 am

    How could you leave ESLR off this list…This one is easy.

    Take a look at an apparal stock…JOEZ. It seems like something you would have a comment or two on.

  19. 19Tony Ellis

    March 28th, 2008 at 8:33 am

    damn…should went long REED at 4.6

  20. 20timsykes

    March 28th, 2008 at 8:44 am

    short 1,000 REED at 4.75

  21. 21tsa

    March 28th, 2008 at 8:54 am

    Covered on REED, wait for another spike to short again

  22. 22timsykes

    March 28th, 2008 at 8:55 am

    out at 4.45, gotta take advantage of the morning dump, especially with a lunch meeting, nice and easy $300 profit

  23. 23Al

    March 28th, 2008 at 8:58 am

    BPAX - how about shorting this?

  24. 24timsykes

    March 28th, 2008 at 9:01 am

    yeahhhh tsa, how great is this game, also watch BPAX, if i wasn’t gutless, i’d be long that pumper!

  25. 25tsa

    March 28th, 2008 at 9:01 am

    BPAX increased yesterday, today again, I won’t short it today, wait for another day

  26. 26timsykes

    March 28th, 2008 at 9:02 am

    haha yeah Al, i’m doing something right u guys know where the plays r at!

  27. 27Tony Ellis

    March 28th, 2008 at 9:18 am

    ASTI, may have to raise my sell short limit order @ 20.

  28. 28tsa

    March 28th, 2008 at 9:21 am

    Hard to be filled on REED now, very few lots exchanged, I am obliged to hide mines and to play few at each time.

  29. 29Gary

    March 28th, 2008 at 9:25 am

    Hey guys SYBD taken the DUMP!

  30. 30Gary

    March 28th, 2008 at 9:27 am

    OH…maybe NONAME should learn how to cut and paste!!!!

  31. 31timsykes

    March 28th, 2008 at 9:41 am

    reshort REED at $4.50-ish, too tough to stay green/go up big on the 3rd day of a big runup, fading volume, big sellers all above…Friday squeeze still possible, but I like my chances here for a 1-2 day hold

  32. 32Al

    March 28th, 2008 at 9:44 am

    WH - three day double top

  33. 33timsykes

    March 28th, 2008 at 9:46 am

    no WH is still up on the day, a double top when a stock goes down! thats like somebody calling a doubletop on BPAX yesterday and look what happened there…gotta short into weakness on strong stocks, not strength on strong stocks cuz they go further than u think

  34. 34Al

    March 28th, 2008 at 9:48 am

    Tim,

    That was me yesterday. Thanks again for the lesson

  35. 35Davey

    March 28th, 2008 at 9:49 am

    How many shares did you reserve this morning, I’ve been trying all day to get shares of REED but TOS says they have none today.

  36. 36lmsmith

    March 28th, 2008 at 9:49 am

    Any one still holding their REED Short? Looks like it’s tanking

  37. 37NeilTheRealDeal

    March 28th, 2008 at 9:50 am

    tim, around where are you looking for an exit point with reed?

  38. 38timsykes

    March 28th, 2008 at 9:54 am

    gotta get up early and reserve your hard-to-borrows, i got mine around 8am…

    just covered half at $4.29, lunch meeting, cant risk it

  39. 39Gary

    March 28th, 2008 at 10:01 am

    Timmy’s got the in on shorts. Good call on REED…wish I could find shares to short! This rate your on your way to 25k :)

  40. 40timsykes

    March 28th, 2008 at 10:04 am

    Covered other half of REED at $3.88!!! AWESOME AND PREDICTABLE

    $17,360

    suck on that haters!

Pages: [1] 2 » Show All

Add a Comment!

If you want to receive TIMbucks, you'll first have to Login before posting a comment. Click here to learn more on the new TIMbucks rewards program.

Click here to add images to your comments.

Timometer

Top TIMbucks

Join the ranks! TIMbucks is a cool new rewards program designed to get you guys to share your thoughts, ideas and experiences openly. Our top TimBucks earners to date are:

  • Davey (132)
  • Yngvai (124)
  • ViciousChicken (104)
  • ivegotstylekid (82)
  • timothysykes_forums (75)
  • jj (72)
  • Dan_O (50)
  • Ben_Bien (47)
  • Blithe (43)
  • JensGould (37)

UPDATES

May 15, 2008

Yup, by next Monday, everything's gonna be real working-like!

May 15, 2008

PDO, up $4+ today, will teach you not to randomly short strong penny stocks, get in, get out then run...cuz sometimes they squeeze stubborn shorts to death!

May 15, 2008

No ideal short plays today, check out these 2 interviews while we wait for price action perfection

I wish I'd listened to my own rulebook, instead got squeezed for $400 shorting blatant-fraud KYUS too early...someone needs a refresher course this weekend!

I nailed NCOC's 20% rise today in my pre-market post, but I was too biased against buying little breakouts, learn from my mistakes!

May 15, 2008

Lots and lots of new sketchy stocks to watch

TIMtrades

Learn from my successes, learn from my failures, learn from TIM. Learn more HERE.

Date Stock Buy Sell Net
May 12 CNEX $7.20 $6.00 $740
May 7 VRML $3.05 $3.75 $890
May 6 VRML $4.42 $4.36 $180
May 5 LGDI $4.42 $4.67 $353
May 2 VM $3.97 $4.01 $12

Total: $18,590 ( 50% )

TIMreads

NAVIGATE