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Posted 6 days, 18 hours ago. http://timothysykes.com/2008/05/09/10-hot-stocks-other-cynical-views-on-the-trashy-world-of-penny-stocks/

10 Hot Stocks & Other Cynical Views On The Trashy World Of Penny Stocks

Tags: Hot Stocks, Manipulation, Potential Plays

VRML Still 1,300 Shares short @ $3.75
LGDI

Both are supernovas, LGDI near its highs, but VRML still up waaay more %-wise…both have fading volume, both can still squeeze shorts even though they’ll probly fail. I’m short VRML cuz it’s up on stock promoters, ill-researched media story and best of all the company is a truly failing biotech microcrap in the same vein as REED, VION, DARA and PSTI—each of which also jumped 200%+ and have now retraced ALL of their gains (PSTI is only halfway, but give its also the newest)

VRML coulda woulda shoulda gone negative on the day, cracking the key $3.40 yesterday, but they smartly issued a fluffy PR I won’t dignify linking to (they formed a committee)(you think they don’t know that would squeeze some shorts c’mon, this is the beauty of pumping–they don’t have actual business to tie them down, their business is getting the stock up!…still, after an initial spike, very nice gradual downtrending all day, great sign, sooner or later, we’ll get some panic selling

HDSN
You can’t stop this air conditioner play (seriously) after it just reported solid earnings…good for 25 cents/share intraday peaks and valleys, if you’re into that sort of thing

OIL
Woooo $125, I don’t care. I hope it goes to $1,000, then we’ll get plenty of great oil pump and dumps and our short selling View definition in a new window profits will be that much greater when the whole world is in the midst of a crippling depression!

STATS
No, it’s not a ticker, just thought I’d share that 8 days into this new month, we just surpassed all the page views for December—that calls for a quintuple jewwwww yahhhhh!

CTDC
Great example of why you don’t short randomly strong penny stocks…Let it have its day in the sun, after all, this eternally trashy company just changed industries specifically to hype itself up! You don’t think I know what I’m talking about? Fine go ahead and short it, you’ll either make 50 cents/share or get squeezed $1-2, have fun with that craptastic risk-reward

SUNV
Great example of why you take profits on the reversal and then you move on when it stops going down

ENT
I’d never buy this kind of breakout, classic classic slight afternoon intraday/multi-month breakout above $3 followed by a little tankage—pros trying to create a self-fulfilling prophecy

NNVC
One of the all-time sleaziest companies out there, it ain’t spiking’ cuz its got a future, its spiking cuz its paying to be spiked! Nothing special, just the usual suspects

SYNM
Just because they’ve moved to the Nasdaq doesn’t mean they’re gonna stop paying promoters…it’s a gradual riser now

JYHW
Don’t forget about buying this one if and when it breaks $2.75, they’re a proven pay-to-play pump and dumper

HYBR
Speaking of paying companies, this one is near legendary and is trying to get back in the game. Anybody got a spare $100,000-$200,000 to loan them?

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170 Responses

Pages: « 1 2 3 4 [5] Show All

  1. 161YngvaiMalmsteve

    May 9th, 2008 at 3:27 pm

    So I just posted my lesson on NNVC on the forum

  2. 162nsaflyer

    May 9th, 2008 at 3:27 pm

    covered VRML @3.00 for a .72 gain on 1k shares, thanks Tim, U da MAN!!

  3. 163timothysykes

    May 9th, 2008 at 3:28 pm

    Covered my VRML at $3.05, nice safe $900 gain, or a 19% return in 2 days…15 cents off on my entry, probly off on this exit too as it might take out $3, but this is the kind of pennystocking gain that one should expect when playing these kinds of stocks

    cnbc hasn’t invited me back since i brought the girls on…cant play stocks under $500mil anyway so its not my specialty

  4. 164Dan-O

    May 9th, 2008 at 3:29 pm

    Congrats NSAflyer

  5. 165Alex

    May 9th, 2008 at 3:31 pm

    Tony - LUNA, VLNC have potential as early breakout plays

  6. 166Goose

    May 9th, 2008 at 3:31 pm

    SOL broke 18.87. Anyone going to hop in?

  7. 167ChartD

    May 9th, 2008 at 3:43 pm

    How are you guys shorting OTCBB securities. My brokerage does not allow it? And nice short on VRML, TIM. I held out because I thought the bid and ask spread was too high.

  8. 168be-the-ball

    May 9th, 2008 at 3:51 pm

    took SOL at 18.65, out of most up here 19.2

  9. 169PETEKUSH

    May 9th, 2008 at 9:59 pm

    bdco!

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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

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