Waaay Too Many Stocks To Watch So I Resort To Telling Jokes

Posted by timothysykes on Tue 3rd of Jun, 2008 08:59:01 AM

Tags:

Acorda Therapeutics Inc. (ACOR) is not a stock I’d short right away cuz it had positive news, consolidated well and finished strongly…hopefully you dumb greedy bastards are in this so you can get squeezed, learn a lesson and cover to create a totally irrational price that would then interest me…possibly

Quantum Fuel Systems Technologies (QTWW) is still on fire, but it’s still moving slower than Miss Daisy, hopefully somebody can slip her an upper to get this rolling to mae it a worthy gap up play and inevitably a good short

Northern Technologies International Corp (NTI) is the one stock I did play yesterday, shorting 500 shares at $13.70, right before the market close of its first red day…experience teaches me the run is over…for now…especially with such fading volume, but I wouldn’t be surprised to see a spike attempt, considering how low the volume is…gonna be interesting to see how long I can hold this, gonna try for multiple days, but no promises…target exit will be to buy to cover into panic selling if it breaches $12.50…could drop to $11 rather quickly, c’mon morning panic!

Royale Energy, Inc. (ROYL) even though I featured this yesterday at $7ish, I waited for the confirmed breakout of the day high going into the close to place my buy order…limit was $8…it jumped too quickly, me being a cheap Jew, refused to chase to the $8.15ish…$9 afterhours, serves me right, no glory for wussies and this was a classic classic classic breakout of a Supernova, glad to see PennyStocking student Tony Ellis profiting nicely, pathetic that his teacher can’t…those who can’t do…

Mexco Energy Corporation (MXC) is another one I featured, but it’s waaay too risky for my little account, again, no balls, no glory

Fieldpoint Petroleum Corporation (FPP) is the same story, just not as ideal as either MXC or ROYL, but I warned you aggressive shorts last week not to hold on too tight

Capstone Turbine Corporation (CPST) wants to breakout bigtime soooo badly…maybe it will, it’s kinda sad to think that we already basically know this thing will be under $1-2 in a few years…but let ‘em put up a fight first, no little alternative energy wannabe company ever goes down without a fight

American Electric Technologies, Inc. (AETI) spiked cuz they “formally entered the wind energy market”…pleaseee, let the thing run, let Superman do his thing, this event is no more important than Puff Daddy changing his name to P. Diddy…gotta learn to buy into such shenanigans, if only for the entertainment value as you know they have more big-sounding-but-really-meaningless-PRs on deck…somebody’s jealous of the beautiful chart of A-Power Energy Generation Systems, Ltd. (APWR), they wanna ketchup

Limelight Networks, Inc. (LLNW) is the least Lionmaster pick to prove his dominance…that’s why I wrote about it in an AOL article…awesome job man, keep ‘em comin!

ABIOMED, Inc. (ABMD) got FDA approval for a pump (hmmm, why can’t stock promoters ever get SEC approval?), notice the immediate spike at the market open, not due to intraday message board hype…reversal unlikely

AVANT Immunotherapeutics, Inc. (AVAN) is another positive drug immediate spiker I ain’t touchin’

Broadwind Energy Inc. (BWEN) suck on that you stupid long-term shorts…I told ya, you gotta be quick if you’re gonna short these or else you get fried like your typical broker’s braincells cuz of all the coke

HYDROGEN HYBRID TECH INC (HYHY) has recently tripled, now making it a $200 million company that has $63 dollars in cash to its name–seriously, look–and $70,000 or so in revenues…oh and its getting spammed…any questions?

Kodiak Energy Inc. (KDKN) is now a $300 million spammer…chart’s not ideal to short…yet

SOLEI SYSTEMS INC (SOLI) is probly a pump and dump, but so what, as you’re seeing, these things can run fruther than anyone thins possible.

NANOVIRICIDES INC (NNVC) is trying to breakout and pull a Syntroleum Corp (SYNM)…the fact that it’s a spammer doesn’t bode well though.

Southwall Technologies (SWTX) is an energy-saving yada yada yada…can’t these guys come up with anything original? I guess you need to use the word energy to get the suckers interested, so I’m thankful these guys now what they’re doing…

Pinnacle Gas Resources, Inc. (PINN) has everyone getting all hopped up as if they were on Mountain Dew…chart looks more boring than most of these traders’ lives.

National Coal Corp. (NCOC) had a pretty breakout, especially when it got over the $7.75 hump, no doubt from fleeing shorts…weak close, still multi-day breakout, not a strong enough buy signal for me

Spread This Post:

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

Manipulation Monday: Gotta Buy The Breakouts June 30, 2008
20 Hot Stocks: 12 Potential Buys, 8 Potential Shorts, Be Choosy June 19, 2008
15 Low Priced Stocks You Should Know About Or At Least Laugh At May 28, 2008

YngvaiMalmsteve

I was long NNVC at $1.16. Got out yesterday at $1.35 since it's close to resistance and wanted to protect my profit.

GT4NE1

My TOS account is locked and loaded. Ready to trade with the big dogs now. Been playing with the software for the past week and I have to say I love it. Interface is tough to get used to, but it's very powerful.

Tim, you mentioned you use E-Trade Pro but place orders through TOS. Do you use TOS's software or just use the trade desk via live support and stuff?

investorslive

ROYL nice spike - short a couple 9.73 (small)

investorslive

Before I get scolded for random trade....

Don't follow new peoples - its a random quick scalp (how I play) - if I'm wrong I can cover quickly and just try again later...

Bob (VC)

I'm waiting on a LLNW morning dip to buy in for a long. NTI I'm still waiting to move prior to possibly shorting.

Al

Tim

I shorted ACOR yesterday at 28.00. Watch and learn something

investorslive

Al - I hope you get squeezed to $50 for your bad attitude to life

Davey

Morning people, Short 400 NTI @ 13.50

Al

By the way I shorted another 1000 today at 28.5

YngvaiMalmsteve

Looks like a spike attempt on NTI

Al

investorslive

I mentioned yesterday That i shorted ACOR. Just responding to Tim's first sentence up top. Nothing personal to Tim. Tim knows I broke the rules and so do I.

Tony Ellis

Watch NOG for a break of 12.05

JeffMoates

Shorted 500 ACOR at 28.28
Shorted 500 NTI at 13.70 (same entry as Tim)

investorslive

ROYL chart

[img]http://bigcharts.marketwatch.com/charts/big.chart?symb=royl&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=1&state=8&sid=10008&style=350&time=13&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=2125&mocktick=1[/img]

investorslive

Al- "Watch and Learn Something" is not in line with what you just said....

Karma a powerful thing...breaking to new highs

JeffMoates

Shorted 300 more NTI at 14.79

investorslive

ACOR can test $30 easily guys, be careful this has been known in the past for squeezing for multi day runners

[img]http://bigcharts.marketwatch.com/charts/big.chart?symb=acor&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=1&state=8&sid=1613640&style=350&time=10&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=2963&mocktick=1[/img]

Anthony Brown

Shorted NTI at 13.85, but drooling over the current 14.79 price.

Zykosis

nice spike? that's a scary gap up...lol

Webster

Shorted 500 NTI at 14.79 also

investorslive

Ouches Al, 1000 more today at $28.50 + 1000 at $28.00 - eeek, gotta cut the losses quick, $1500 not to bad but easily avoidable on a probably squeeze stock like this

sonid

All out of my ROYL positon at 10.20 from 7

sonid

NTI is a scary thing to short you all have some big balls !

monkiman

beautiful PDO spike, shorted @ 10.22, covd 9.85. Good trade, since I was only monitoring it for few minutes

JeffMoates

Covered ACOR at 28.90 for a $350ish loss...boo...I knew my post yesterday bashing Al's move was based on something...what was it? oh yeah! REASON. Damn, break a rule-pay the bank.

Come on NTI!

timothysykes

good sonid.

bad to all the people shorting NTI...u short into weakness, not strength

investorslive

Nice trade Sonid - I missed yesterday completely otherwise I probably would have joined you

JeffMoates

monki, PDO is nowhere near those prices...

sonid

Tim, you DVD is finally helping me turn a profit! watched again over the weekend

bullpicks6

Yea SOLI looks like a strong one, looks like after the big gap they pulled back to fill it immediately, and are getting ready to bounce now

Webster

Covered NTI at 14.21 for a $250 profit if it goes back up near 15 again I may reshort

Webster

Looks like I jumped out a bit soon, there she goes

investorslive

bull - SOLI a bit to risky for anyone here, its a better under the radar style play... imagine if it ended up like SORD? now SRDG ... eeek

Ben_Bien

I shorted ROYL at $7.17 yesterday, again in pre-market this morning at $8.80 and $9.40 and currently I am getting squeezed heavily. What did I do wrong? I shorted straight into strength rather than wait for a sign of weakness, right? Anyone have any ideas? I refuse to cover of course, because it would mean taking a -$600 loss right now and that would destroy 1/3 of what I've made so far! Let me know if any of you guys have ideas about where ROYL is going. I really am scared right now. Someone hold me... Or, please put enormous selling pressure on ROYL! I was an early short, and I am paying for it dearly..

Ryan

Tim, what about your NTI short position? Didn't you short NTI yesterday? NTI has more seller than buyer today, so no need to worry, it will hit below $13.25 sooner than you think.

Zykosis

uh i dunno, looks like the next supernova...can keep running the rest of the week...

Ben_Bien

Rest of the week, but it's ONLY TUESDAY! that means 3 more days of pain?? haha, I hope you're wrong Zykosis, but thanks for the input. Hey, if it's the next supernova, why not buy?

YngvaiMalmsteve

NTI would have to break $15 to truly keep running. $15 has been a huge resistance point the past 3 days or so

Ben_Bien

P.S. nat gas up a huge 2%, might that be the cause? darn this is getting ugly! no worries, I did this to myself.

Zykosis

i wouldnt be able to look at the screen if i was holding that lol

monkiman

hehe, oopss, not PDO, but ROYL... sorry.. shorted it again @ 10.38, covd 10.24. Im looking @ 10 stocks, so forgive me for quoting wrong stock.. hav a good day

Bob (VC)

I bought into LLNW to early 800@3.7 dipped to 3.5 and I almost picked up another 200 just to make my average a bit better. Still holding, and still expect a small profit, but my entry sucked.

timothysykes

looks like manipulation on NTI to me...out at $13.76, 6 cent loss...lol... i don't like it and i gotta go film, weird life

timothysykes

bob never ever buy a stock like LLNW after it made a big move, u're asking to getting whacked

JeffMoates

Come on Tim! You got out?! Screw filming, start trading more!

Bob (VC)

Thanks for the info Tim. I really thought I could grab the morning dip and scalp .20 to .30 of upside. I still think that may have been possible, but my entry would have to have been much better than it was. Now I'll be lucky to get $50 or break even..

Ben Bien

Tim, I'm getting destroyed in ROYL =(

Ben Bien

Nevermind, here comes the SELLING PRESSURRREEE. Back down to $10 now! Wow this really was a beautiful lesson.

GregsBar

BenBig, COVER YOUR LOSSES QUICKLY DAMNIT. Why don't you work with STOP orders?!

Tony Ellis

NOG

JeffMoates

Never chase Ben. Stupid stupid stupid. Stop berating yourself, it gets annoying.

investorslive

ROYL watch for top confirmation, lower highs and trouble getting back over $10

TomT

investorslive,, u think I can long on Royl overnight.. or is it too soon to tell current @ 9.75

TomT

NM...

TommyTim

If you ask me MXC is the better short. Volume is the key indicator. I think MXC retouches Fridays low by end of week. ROYL is still too hot. I'd use 8.99 as the breakdown figure to enter a short position. Don't try to time the peaks of these high flyers you'll get burned.

YngvaiMalmsteve

Well I bought into Sup's pick AETI at $7.50 at the open anticipating it would run further. Thing is dead in the water, sold at $7.10 for about a $100 loss.

Guys over on Lion are pumping this talking about how it went to $11.60 last year. Looked back at the chart where it went vertical back in July. Well, it went vertical because it was a F'ING MERGER. Ain't no merger this time, meaning ain't no vertical action either.

Wished I had looked at the reason it went vert last time. Probably wouldn't have bought into it.

getshorty

All the commodity craps (PDO FPP MXC CRED etc) are going counter-clockwise, oil is down today, canadian $ is down today, not much, $1 down, but lots of press and what happens?
all the crappy oil players go up> Either I am blind or this is a last short squeeze. Have some shorts there, would short more once breakdowns start to show, maybe today, maybe tomorrow.

Al, good call on ACOR, hope you are rich and this beating doesn't makes you default your mortgage or something.

YngvaiMalmsteve

Oh, but still holding my NTI position and I'm still up $100 on it. Sure acting funky though. I agree with Tim that there's manipulation going on.

Al

getshorty

I haven't covered yet. But thanks for looking out for me.

TommyTim

ACOR was a confirmed buy yesterday. If you know ACOR you should know the kind of run it had last year on news. You just don't go short any stock that's up huge. ACOR will be over 30 by end of day. LGND is also a solid long play. You'll see a big spike before end of week.

Bar none ROYL was the play of the week. 20% guaranteed profits buying 1 minute before yesterdays close. Had all the signs of a monster up day.

CPSL is ready to spike to 6 by tomorrow. This is a solid long play you'll want to be in. If a stock has no volume stay away.

getshorty

yngva, Do you have ashort name?

Here holding to nti as well

300 shares holding tight,
BRING ON THE KRYPTONYTE !!!!
SUPERMAN IS FLYING IN CIRCLES LIKE A CROW !!!!

YngvaiMalmsteve

A short name?

Al

ACOR shorting another 500

TomT

still waiting to see what to buy or short for overnight.. early i know.. but looking to see if AETI is any good to short.. its so dead.. no movement.

Al

Good time to short ACOR !!

brent

al, just curious, how many you short... something like 2000 shares? Do you belong here? Math says that is a $56000 bet... WOW. Go get 'em.

brent

i was looking at RAME(another oil and gas). shortsqueeze.com has a short interest of a little over 10% and double from before. short squeeze in the making?????

sniper6

WEL news play, hired a new CEO, at/near 52 week high, looking to break resistance @ $2.50, if it does could be a good upward trade... although, not a rocketship like y'alls are looking for.

Al

brent
Why won't I belong here? I love it here. Tim is the man.

YngvaiMalmsteve

Info on shortsqeeze.com is not up to date day to day. I don't trust it.

investorslive

Nice on ROYL short :)

ACOR wants $30

YngvaiMalmsteve

HUGE bid/ask spread on NTI

Al

I feel like I'm being attacked today. Any reason why?

Adam

so i tried going long on ROYL and got smoked! 10.38 out 9.27 yikes!

Mark

Hey Tim and anybody else out there...any thoughts on SPDE?

brent

just seems like you have waaay to much money . . . for what is going on here... none the less. i'm glad you're here. Entertaining if nothing else...

Al

brent
"just seems like you have waaay to much money"

not any more

JeffMoates

Al, the reason you feel like you're being attacked is because you're pushing a short play that you should never have made in the first place. I learned my lesson, you don't seem to be able to.

Timothy Sykes

its too much money when u get up to $2 mil..until then, this is all just child's play...

although if people do moronic trades like Adam just did--why would u ever buy an easily borrowable stock up that much on no news--nobody's gonna make much $ anytime soon

YngvaiMalmsteve

Adam, that's what happens when you chase a trade

Al

JeffMoates
Sorry, I'll keep my thoughts to myself. Don't want to hurt anyone.

timothysykes

people should get attacked more, its not personal, its just that if a trade is good enough--with all the right variables--it'll have no problem standing up to attack

brent

yngva: i have been trying to figure that out with out subscribing. how often do they update? The bottom leads me to believe only 15 minutes, unless that is only the stock price qoute.

timothysykes

new post:

http://www.timothysykes.com/2008/06/03/if-you-l...

i'm off to go film, sad, ROYL could be a good afternoon fader....

TommyTim

MXC should crater to 35 by end day. It's the short play of the day. Don't hold long or short any oil plays tomorrow 10:30. This is when weekly EIA numbers come out. Wait 1 hour after market digests number to enter back into positions.

timothysykes

1. Never keep thoughts to yourself, this is a place for debate

2. who cares if MXC drops to 35 or even 32, its still hasnt cracked support so the risk-reward sucks...i really hope it squeezes these overly aggressive shorts to death, they give short selling a bad name

Bob (VC)

Al, I don't know you at all, but I seriously hope your busting balls about your ACOR short..

Gra

I Guess Superman has been upsetting a few people over is NTI predication...

http://thelion.com/bin/forum.cgi?msg=419&tf...

RebelMogul.com

Wow, some action on LVLT today. Keeping an eye on a possible pull back.

www.RebelMogul.com

YngvaiMalmsteve

Brent,

I have no idea when shortsqueeze updates their numbers. But it's obviously not every day, or maybe even every week. They've been saying 2,800 shares short on NTI now for the past 3-4 days. That obviously can't be true...the number would have to change from day to day.

PinkPanther

Tim,
I did not go through your entire list but NTI looks really good. My technical templates are showing a nice pullback set up. It may bounce up in the am but it will close lower. Firts target is the 60min 50sma.
keep up the good fight.

PinkPanther

Tim,
I have not had a chance to look at the site today until now. So I do not know if you are still in NTI but my technical templates are showing a very good pullback. It may be up in the am but it will close down tomorrow. First target looks like the 60min 50sma.
Keep up the good fight.

Mike_13th

Post I made On SF,trying to teach some of you newbies here:

13th_floor
- Edit message 6/3/2008 8:47:49 PM

In that post on Muddy's and Syke's blog I talked about how I liked to trade low float stocks:

6. If I can I really like to daytrade the lower float stocks.

I posted I liked to trade around even dollar marks:

3. I like to trade around even dollar marks for under $10 stocks plus .50 marks for the $3 and unders.

I posted on here and Muddys blog, (in fact there's an "important post " link titled Former Zero Volume Stocks

And I posted about how I love the very late hits on the premarket board:

4. I really watch the "late hits" that appear on the pre-market leaders board, the ones in the 20 minutes before the opening bell. Many of these run longer than the ones that had been on it since 8 am EST as West coasters tend to wake up late:).

Well today SPDE was one of them, all 4 conditions met,here's what I posted 5 minutes BEFORE open:

13th_FLOOR: (Jun 03-09:25) 13th_FLOOR: SPDE just hit
13th_FLOOR: (Jun 03-09:31) 13th_FLOOR: SPDE 1.75

I posted I bought at 2.10, a cross of an even dollar mark,it ran to 3.25 and me taking profits as it fell below another EVEN mark of $3 for a 38% profit.
Not bragging at all just the facts all conditions pointed to a great risk/reward trade.

Also look at what I posted Saturday about ROYL in that post:

16. Also daily chartwise I like to use RSI(2) as an indicator of STRENGTH when the white candle is being pierced by the UBB. I like to see 90+ RSI2 in this situation,the nearer to 100 the better.
Most look to short these kind and I say they are dead wrong; this is an indicator of a strong stock not a sign of weakness.

Using ROYL again as an example look at RSI2 on its price/vol breakout day 5/2
Its RSI2 that day was 99.62 about as high as it can get!
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

On 5/2 the price was 3.33 now it sits at 11.09.
I haven't been it the whole way but been trading it's butt off at least 10 times during the run.
And have made huge gains from it just in the last 2 days alone.

Folks I'm not into indicators hardly at all but one thing I know is true, RSI(2)at the top of the UBB's is STRENGTH not weakness.
Again yesterday the candle pierced by the UBB was 97.75!
GRO was 98.57!

You really gotta be careful shorting these,and I'm not talking about the shatbag companies that are being pumped/promoted/fluffy news ones,they are a different world!
I'm talking about real companys,especially it's kinda way risky shorting into new 52 week highs that are doing this.
There's a ton of other better risk/rewards out there.

Tim SOLI was a pump,I know that it was and tried shorting it all day but couldn't get shares,it fell nasty around 3 p.m
Jason Fuller pump PTPE I shorted at .70 yesterday,it didn't even take 1 day to die!

Looks like a repump on bio ( you'll get the) shaft BSHF and the ever famous My Vintage (Baby you'll get destroyed ) MVBY.
I know MVBY too low for you but traded tight spread today and IB has shorts available calling to me.

I know SOIS is oil/gas play but from .78 to 1.24 in 3 days looks tempting on sign of red

Shorted more UNCL NNVC and SWTX today.
Tried HYHY near close short,couldnt get shares,maybe tomorrow

Looking at PTEK BIOF ( heard it was a pump,not sure )tomorrow for red also to short/green go long

blog comments powered by Disqus

Start Here

Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

Join TIM

TIM Trades

View All

Date	Stock	Buy	Sell	Net
Nov 19	AENY	$2.80	$3.02	$1148
Nov 18	NLST	$4.16	$4.40	$947
Nov 18	IMGG	$1.42	$1.64	$2094
Nov 17	NLST	$5.04	$5.59	$2195
Nov 13	VRMLQ	$21.50	$22.97	$2901
Nov 11	EONC	$2.61	$2.80	$687
Nov 10	EONC	$2.74	$3.36	$9784
Nov 6	QXM	$4.31	$4.80	$1936
Nov 4	COT	$8.66	$8.88	$642
Nov 4	QXM	$4.61	$4.89	$822
Oct 30	DDRX	$25.70	$26.53	$812
Oct 29	CTDC	$4.00	$4.42	$781
Oct 26	AWSL	$3.24	$4.10	$2516
Oct 23	RODM	$5.27	$5.23	$301
Oct 22	AMLM	$2.69	$2.97	$820
Oct 22	USEG	$6.12	$6.09	$85
Oct 20	CBOU	$8.93	$9.06	$243
Oct 16	VRMLQ	$16.79	$18.65	$2773
Oct 13	YONG	$11.05	$11.66	$1202
Oct 13	NPHC	$0.59	$0.71	$583
Oct 12	IMGG	$0.60	$0.70	$682
Oct 9	ZAGG	$5.50	$6.10	$2380
Oct 7	GVBP	$0.03	$0.27	$702
Oct 1	NPHC	$0.70	$0.85	$1482

Total: $98,094 (681%)