Travelling Most Of The Day But Here Are 5 Hot Penny Stocks To Watch
Can you guess what my take is on these ? That’s right Pinky, it’s the same thing we do every night–short sell hyped up pump and dumps when they go negative on the day right before the market close. Of course they have to be up enough first, otherwise we just stalk. And remember, (SMI) is news-related and (BEXP) is a hardcore breakout so those really have to surge more / fade perfectly to tempt me…I’m no hurry on any of these, I’m gonna let them come to me…
Enjoyed this post? Sign up below and never miss a post again!
LoadingTIM make you some $$$$? Help him pay his expensive web designer!
Related Reading
33 Responses
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.
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)
- investorslive (38)
Navigate
$
Updated Daily!
136 Books
Up 52%
20 Videos
3 Podcasts
8 Talking Pics
65 Links
Stocks Review
UPDATES
May 15, 2008Yup, by next Monday, everything's gonna be real working-like!
May 15, 2008PDO, 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, 2008No 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, 2008Lots and lots of new sketchy stocks to watch
Stock Watchlist
| XRM | $4.54 | |
| SSBX | $3.25 | |
| APWR | $22.15 | |
| VRML | $2.54 | |
| NTHH.OB | $0.21 | |
| DPDW.OB | $1.04 | |
| CROX | $10.97 | |
| SUNV.OB | $1.45 | |
| AYSI.OB | $2.10 | |
| FORC.OB | $2.29 | |
| CNEX.PK | $4.10 |
TIMtrades
Learn from my successes, learn from my failures, learn from 
50% TIMreads
TIMtags
Loading ...
1Tony Ellis(TIMBUCKS: $24)
April 16th, 2008 at 8:06 am
FEED 16.97….
2Fedarali
April 16th, 2008 at 9:01 am
GSC, if you are around, what is the situation of your WM short position? WM had a hugh loss yet the stock is up. It didn’t even dropped to $10, far away from your dream of $9, or $8. You were blindfully so much worshiping Goldman’s ANAL-yeast so much, what happend now??
3lmsmith
April 16th, 2008 at 9:08 am
Feed- Up Big in pre-market….. squeezeeeee OuCh-
4Mike
April 16th, 2008 at 9:36 am
Tim - received your book via Amazon last night. I can’t put it down. What a great read for anyone who has an interest in trading, audacity, tenaciousness and being a “scrapper.” It’s really going to be difficult to work today, as I would much rather be reading your book, than doing M&A consulting!
5timsykes
April 16th, 2008 at 10:01 am
mike good to hear!
changed my flight so i could trade KOG, i don’t like that its above yesterday afternoon’s $2.80 resistance i covered at $2.82, not bad loss, $160ish with commissions, just not perfect and that hurts when trying to trade while travelling
6jj4188
April 16th, 2008 at 10:05 am
I bought BEXP @ $9.00 yesterday because that was the time I came across it. Couldn’t find anything else to trade. Now I am waiting for it to go up some more, so I can get out soon.
7lmsmith
April 16th, 2008 at 10:05 am
Shorted 1k shares of PMI @ 5.28….. always seems to work
8Fedarali
April 16th, 2008 at 10:13 am
This is “one of the bizzare” trade I see here Imsmith is shorting PMI @ 5.28 ?? What is so compelling on PMI chart to short it? Just it is a long downtrend? Almost everything is a downtrend in a bear market.
9Fedarali
April 16th, 2008 at 10:15 am
Imsmith, POZN rather is moving between $14-$14.50 range several time, if you want to make a quick $0.50 or so.
10monkiman(TIMBUCKS: $31)
April 16th, 2008 at 10:25 am
short FEED 1,000@ 17.72 currently on the losing side, but lets see what happens.
11timsykes
April 16th, 2008 at 10:29 am
i hate when traders rationalize random ass trades with “let’s see what happens”. go the casino if u want “action”–at least there you’ll get free drinks. when trading have a specific game plan with target entry and exit points–the thing that makes short selling so difficult is momentum stocks can run further than anyone thinks possible…that creates short squeezes…when the squeeze is coming to a close, thats when u short and your odds go way up
12lmsmith
April 16th, 2008 at 10:29 am
POZN- would have been a better short at open —- Or were you suggesting going long on this stock??—
I still have time to Short- POZN…..but will I not…. Cheaper the stock- the higher the $$….
I already covered PMI at 5. 13 ……. I might reshort by the end of the day…..It will go red…
13lmsmith
April 16th, 2008 at 10:32 am
My short of Pmi- was not random- I know this stocks performance.. I know when to buy it, and I know when to short it….I have NEVER lost on this stock…and I have traded it a total of 16 times….
14be-the-ball(TIMBUCKS: $25)
April 16th, 2008 at 10:39 am
tim your thoughts on KOG, i am still short, seems like fake orders coming in on buy side level 2?
15cacaosteve(TIMBUCKS: $14)
April 16th, 2008 at 10:41 am
KOG below 2.80 at 2.76
16ViciousChicken(TIMBUCKS: $104)
April 16th, 2008 at 10:45 am
KOG going down. I’m still holding my whopping 250 share short (in at 2.8). Keep falling baby, keep falling!
17manhack(TIMBUCKS: $4)
April 16th, 2008 at 10:46 am
LOL nice drop
18ViciousChicken(TIMBUCKS: $104)
April 16th, 2008 at 10:51 am
Am I the only one who yells stuff at the monitor like “No you little bitch! Stay down there!”? I could only imagine what someone would think was going on if they heard me…
19bryan
April 16th, 2008 at 11:23 am
Feed is making me hungry this bull is on steriods im not touching it
20ViciousChicken(TIMBUCKS: $104)
April 16th, 2008 at 11:33 am
KOG- this has to be the ugliest pattern I’ve seen in a long time. I know my lack of experience isn’t helping matters, but what is up with stock this morning!?
21vijai - moneyreallymatters.com
April 16th, 2008 at 11:58 am
POZN seems to have spiked about 200ma. I feel its a good short candidate for days.. What do you all think?
22Goose(TIMBUCKS: $33)
April 16th, 2008 at 12:10 pm
is FEED a good short still?
23vijai - moneyreallymatters.com
April 16th, 2008 at 12:19 pm
FEED, a good uptrend chart. It does open to short when price goes up but risky. Chart does show a good uptrend to move more upwards..
24Goose(TIMBUCKS: $33)
April 16th, 2008 at 12:32 pm
Thanks. Whats good out there now?
25vijai - moneyreallymatters.com
April 16th, 2008 at 12:43 pm
I don’t have anything specific. But I am monitoring CFC, ETFC for long positions. May be BEXP for short.
26timsykes
April 16th, 2008 at 1:06 pm
see my comment #5, i covered KOG at $2.82, had to get on the plane right before that 10 cent drop…it didn’t act EXACTLY the way i wanted so i’m out, wouldn’t surprise me to see a gradual fade, sideways action followed by a drop or sideways action followed by a spike, odds of it cracking big today seem rather remote, decent trade, not the worst thing to take a small loss
27monkiman(TIMBUCKS: $31)
April 16th, 2008 at 1:29 pm
still holding on to my short on FEED @ 17.72, this baby is going down, I was wetting my pants when it hit around 18.20
28vijai - moneyreallymatters.com
April 16th, 2008 at 1:30 pm
I am going to short BZH which hit high of weeks again and wall of 200ma. It should go down..
29timsykes
April 16th, 2008 at 1:36 pm
monkimna u have much bigger guts than i do, and thats probly dangerous
haha BZH
30vijai - moneyreallymatters.com
April 16th, 2008 at 1:45 pm
haha.. I like to take calculative risk as per the chart. I don’t take random decisions. As the chart indicated, its going down. I wanted to get in at 11.05 but its already down to 10.83. its going to go down..
31lmsmith
April 16th, 2008 at 2:17 pm
-Fedarali- As I said- PMI will turn red before the day ends….. at $5.08— “bizzare” is not the word for it- but “predictable” is
32ETradeRep
April 16th, 2008 at 3:43 pm
I just wanted to say I just finished your book and read it in basically three days. This says alot cause I usually do not read a single book a year. I was hoping the whole time you would start abiding by your rules, but that never happened. Great read though nonetheless.
33timsykes
April 17th, 2008 at 11:23 am
good to hear etraderep, yup, never learned discipline, thats part of the reason why i’ve gone this route, to show people why its so crucial