10 Hot Stocks To Watch, Mehhhhhhhhh

Posted by timothysykes on Tue 10th of Jun, 2008 08:03:20 AM

So everyone in the microcrap space is whining about how boring it was out there yesterday—not enough big movers nor is there enough big volume. Hey, deal with it you lil bitches! Hot stocks come and go, market environments change, sometimes there’s just nothing to play…remember, this ain’t the real trading world like Forex or RIMM/AAPL, there’s not always gonna be something volatile/liquid enough to merit a trade…sometimes there’s just scalps…and as PennyStocking DVD students know, now is the time to just sit and wait for ideal trading opportunities to present themselves. So don’t be afraid to go outside and get a tan…if you’ve been profiting like you should, you can afford a few days off.

The good news is that unlike the rest of Wall Street, the summer isn’t necessarily slow as stocks can often become quite volatile with the right amount of manipulation/lack of volume…here are some potential plays, nothing ideal, but then again, ideal plays like we’ve been having are very rare…don’t get spoiled:

MYEC is a DoublingStocks.com pick, let’s see if anybody can get any borrows to short this pig

ROYL did a financing at lower prices, but spikes, then fell…damn this stock moves like a real company, blehhhh, filling the gap sooo slowly

PCYC
had a weak continuation rally…boooooooooooo

ULGX vertical alert, vertical alert, won’t collapse quickly

HEPH is another vertical stock chart, although its retraced a bit already–why won’t any of these piggie fly past $5 so they’d be really worthwhile!

FLMP has gone vertical, god love ‘em for it, didn’t even slow down last time it went up a lot, it just went horizontal, let’s see what happens this time around

SOIS this was a potential short on its first down day, but I hate trying to squeeze a bigger drop on stocks up less than $1/share, the bounce shows you why

TAMO wants to breakout, it’s sooooo close, watch it

SLAT is a tried and true spammer, how much further can it go before its time comes, anybody find shares to short?

LGDI had a bigtime breakout, if I wasn’t filming all day today for LiveStock, I’d probly have bought some before the close yesterday for a probable easy 25 cents/share

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  • Adam
    anyone watching cnbc? Keith Hennessey is getting schooled!
  • Tony Ellis
    Small cap oils may try to breakout today. Not going to chase in the morning. I'll wait to see if they can show strength in the afternoon.
  • Ryan
    Received an email with BPAX and SHFL buy recommendation yesterday evening and both stocks are up 10% premarket.
  • Mike_13th
    IB has SLAT short shares
  • Kris
    SQNM..Tim says do not short, but does the pic change when they have a lawsuit against them. already down pre-mkt.
  • Its already down a buck Kris, its not like its going to take a 50% haircut because a lawsuit
  • JeffMoates
    No, but it will be a good scalp play for the day
  • TomT
    Shorted CBAK@ 5.12 and WM @ 6.15
  • JeffMoates
    Who was it yesterday that said the solar plays would rebound? I seem to remember he bought in to TSL @ $40 and SOLF @ $19.20. I feel sorry for whoever that was.
  • Kris
    ok, thanks guys..it's a crazy stock
  • Adam
    did anyone get in on NTI's drop this am? the ask was .75 less than the current price after it just went up 1.00! of course i missed it ;) that doesnt follow any rules talked about on here but i was pretty surprised by how easy that one was
  • Mike_13th
    SLAT CPRK shortable and falling
  • sniper6
    Ryan- SHFL is also on my radar as a prospective short, has been for weeks, it is a casino-related stock in the PTEK vein. Maybe the spike will put it in play. Been a falling knife for a long time, IMO it needs a serious run up before I'd short it, count me out for now.
  • Kris
    DARN!! that SLAT! good name slat! lol
  • JeffMoates
    Damn, I am not good at the big stocks yet. Just shorted WM @ 6.56, covered at 6.65 for a $300-ish loss.
  • reserved 2,000 SLAT, on my mobile though, whats the price action like?
  • trader@MIT
    Why would you ever short into that pattern?
  • cuz moates s too cheap to get my dvd, he likes trading random stuff LOL
  • Mike_13th
    (Jun 10-09:33) 13th_FLOOR: SURG 2.50 cross
    late hit on pre leader board.

    (Jun 10-09:37) 13th_FLOOR: SURG 2.80

    (Jun 10-09:44) sheezo: would have bought SURG at 2.60
    (Jun 10-09:44) 13th_FLOOR: thats where i got about....2.56

    2.97 hods,good start today
  • trader@MIT
    TOS will reserve shares?
  • JeffMoates
    because, no matter how many times I tell myself to not do it, I always try to catch the morning spike at the top rather than shorting into weakness. Boo hiss on me...
  • JeffMoates
    Another good reason, thanks Tim.
  • Mike_13th
    OMNI falling HEPH nice especially if break 2 down

    SLAT fine and IB had shrs
  • Ryan
    Just received another email PMTI short recommendation.
  • Rambone
    If SQNM breaks 12.05 I'm jumping in the short side. Holding steady on my PTEK short and TSL long despite the gap down solars are going to recover today.
  • JeffMoates
    FINE!! I finally bought the DVD...Thought I could learn it without having to pay the $297 + SHIPPING?!?! You can't even pick up shipping?!? Just kiddin, I know your a capitalist-SOB just like the rest of us. Enjoy my $300, I'm sure it will bring you just as much happiness as it did me. AND that book better be signed with a nice little message too! something like..."JMoates, you are the coolest trader on my blog except for Tony Ellis. He is the shit, but you're cool too." -Sykes
  • Kris
    ya, HEPH really needs to break 2.
    Mike, how do u feel about volume? i hate low volume, when shorting.
  • Ryan
    PMTI chart looks appealing to short, received an email recommendation, it is showing weakness, what is your opinion?
  • sniper6
    SATC consolidating, had a good pullback yesterday, adding to my long position @ $2.80, Good for another upward move, target $3.50.
  • New long CSY

    see info on my blog

    www.

    super-trades

    dot com
  • trader@MIT
    Got to short PARL @ 4.71
  • Tony Ellis
    JEff-I think you'll be happy with your purchase. I certainly have been.
  • Mike_13th
    (Jun 10-09:27) 13th_FLOOR: WZEN late and vol upping
    (Jun 10-09:28) 13th_FLOOR: vol flying on late hit WZEN

    yeah baby now hod 4.45

    (Jun 10-09:30) 13th_FLOOR: KNDI late ,vol building

    from 4.55 to over 5 now!
  • Adam
    might want to put NTI back on the watch list
  • YngvaiMalmsteve
    Check out the volume this morning on CSY. I was in at $14.67
  • Mike_13th
    Kris,

    I short low vol ones as long as I see the spread is kinda tight, and have done well with them so anything over 30k vol i'll short
    And IB has almost all shorts i want

    They even had CPRK which i shorted
    if you saw the other thread i said got a pump on it last week
  • Kris
    Thx Mike for your input. :) That helped.
  • YngvaiMalmsteve
    CSY just busted through $15 resistance
  • Kris
    YngvaiMalmsteve, Superman can move stocks. thx superman for posting.
  • YngvaiMalmsteve
    Yeah, he can...that's why I hopped in long at $14.67. I saw his post on the Lion.
  • Kris
    awesome YngvaiMalmsteve!
  • isph should be breaking down again, has a lot trouble holding the 4.90 area
  • Stay away from NTI! If you just watch the trade history, you'll see the scam in action. They are all about killing shorts.
  • Al
    shorted 1k PFE @17.97 PPS is at lowest of the year. It looks like it wants to go a wee bit lower.
  • JeffMoates
    Hurry up and get that DVD to me!!! I just shorted SQNM at $12.16, I just can't help myself!
  • trader@MIT
    0.10 is negligible pain
  • Adam
    Anthony, correct we're making money by shorting the squeezes
  • brywest55
    Tim I couldn't find an an email address to send this to. Just wanted to see if you knew someone named Carlin or Carlia. I bought your book off ebay and in the front cover it says

    "Carlin, Glad you liked the book. Here's the final copy. Tim"

    Wasn't sure if it was your writing. Just made $315 off GGLB. By the way your book is wildly entertaining.
  • Mike_13th
    HEPH breaking 2 down
  • lmsmith
    ISPH- looking for the afternoon fade.. or maybe the 11:20am ish fade.
  • Al
    lmsmith you have it right down to the minute? :>
  • lmsmith
    I wish....... I could be wrong- I haven't acted yet,
  • JeffMoates
    MIT, you think SQNM will break $12.05?
  • Fluke
    Is ROYL a buy here?
  • lmsmith
    damn! Missed ISPH entry point in the 4.90s... ohh well, I will just watch...
  • trader@MIT
    Yes, SQNM should easily break 12.05 by the day's end.
  • trader@MIT
    There it goes...
  • Mike_13th
    LAUD a manipulation,no top shadows in chart,they buy to make close at hod.
    Still going today.
    One day it will get crushed.
  • JeffMoates
    yeah, it's just bouncing of that 12.05 price.
  • lmsmith
    thinking about going long SOL
  • AdamN
    I just shorted SQNM for 400 shares at $12.10. Moates, lets hope it breaks $12.00 soon.
  • Mike_13th
    shorted CHP on the super pop to 5,then could not break that even mark
  • JeffMoates
    Adam, I have 4000 shares, I REALLY HOPE IT BREAKS 12 SOON. I have a meeting I have to go to in about 30 minutes.
  • Mike_13th
    CHP on 9 pop,sorry
  • lmsmith
    CHP- I like the action......It's dropping (I hold no shares)
  • Mike_13th
    CHP here comes 8.20's!
  • lmsmith
    Dammit! I couldn't get any Shares of CHP - on tos.
  • JeffMoates
    Out of SQNM at 12.07 for about $400 gain. See you guys tomorrow!
  • trader@MIT
    Should have held, it's a doomed stock
  • trader@MIT
    AAPL is another easy scalp today. Nice, predictable volatility
  • Mike_13th
    covered CHP at 8.29 from 5

    Next!

    oh VVUS long at 7.20,tried that
  • Mike_13th
    VVUS flyingggggggggggggg 7.60
  • Mike_13th
    covered CHP at 8.29 from 5

    from 9,got 5 on my brain ,geez
  • lmsmith
    Just went long on SOL..... testing the waters.... hoping for a gap up tomorrow- or even this afternoon.
  • younggunz
    What about VSCI. Getting close to 52-week highs last time dropped $1.
  • Mike_13th
    PCYC there it goes down
  • trader@MIT
    Another 500 scalping AAPL with 40k, look at that pattern!
  • got a small squeeze on isph, didn't take my losses quickly
  • Mike_13th
    (Jun 10-09:33) 13th_FLOOR: SURG 2.50 cross
    late hit on pre leader board.

    near 3 again.

    Quickie on VVUS,now flipped it short 7.45
  • broke_joe
    Trader@MIT, how are you trading AAPL? BUying bounces off of 184?
  • Mike_13th
    SURG 3.04 yehaaaaaaa


    HYHY a bit red now
    PCYC now lods
  • trader@MIT
    I'm reading the candlesticks, especially buyer hesitation.
    The resistance points are all very similar.
    I'm basically pulling off a dollar with 215 shares at a time going up and down on the chart. Pull up an intraday 3 minute and you'll see what I'm referring to.
  • trader@MIT
    Here we go again on the way down to the mid 184 range....too easy.
  • trader@MIT
    Uncomfortable with recent movement, time to take a break.
  • Mike_13th
    SURG 3.29 THAT was too EASY
  • broke_joe
    trader@mit, will you email me at:
    joeygamble@hotmail.com

    I'd like to talk with you about trading AAPL
  • Mike_13th
    out SURG from 2.56 to 3.15, good enuf 23%
    cracks 3 below might flip for short
  • younggunz
    What you think of vsci? Near 52 week highs of just under $6. Last time it made it to 5.98 and then dropped to low to mid $4's
  • Scott
    Ryan, though PMTI short is not Tim's style short, but based on chart, it is a good short.
  • YngvaiMalmsteve
    Ugggg...this is the third or 4th time in a row that I've missed one of Mike's prehits. I was in the chat room, saw him announce SURG soon after the market open, already saw it at $2.55 or $2.60, thought it was too late to jump in.

    If I had got in each of those prehits over the past 3 days or so, I'd be up probably $1000 - $1500 on my small $3000 account
  • trader@MIT
    PIR is a potential fade for 2-3%, which I'd gladly take on say a 20k position
  • monkiman
    ROYL has been a darling lately.......no loss on any of my ROYL shorts... lol
  • Mike_13th
    great heads by a set of eyes in chat on CRDC at 8 cross.
    Got in soon after, fly now 8.68.
    Used to a great runner
  • monkiman
    ROYL is somewhat like my BIDU shorts... it surges, then u short.... surges, then you short... I can do this all day
  • Mike_13th
    doubling stocks pump MYEC going from green near red ,near even now

    CRDC on fire 8.85
  • Seattle Guy
    Just joined the board guys. You guys are better than yahoo board. Plan to learn and make some $s.
  • YngvaiMalmsteve
    Hey, Seattle Guy, I live in Redmond
  • Seattle Guy
    Steve..cool. But you are close to the evil empire of uncle BillG.. :)
  • Rambone
    Call me stubborn bought more TSL at 37. I'm sticking to my gut on this play.

    Technically based on the charts my timing was very off. This one and SOLF broke long time support lines. I'm basing this purchase on the X factor of oil prices that don't show up on the charts. Plus, I been in and out solars for the last year. You won't time the tops or bottoms perfectly.
  • YngvaiMalmsteve
    Haha, yes, I actually work right across the street. But don't worry, I don't work for the evil empire
  • Mike_13th
    CRDC 9 hit
  • Seattle Guy
    Mike_13th

    What's the chat room you are talking about ? Is it possible to enroll ? Thanks!
  • Seatle Guy - we have one at my website usually about 150 people in there
  • Jin
    What's your website?? can i join?
  • Mike_13th
    Tim,nice FLMP alert,tanked nice,thanks

    CRDC smokin' 9.20000000000000000000
  • Mike_13th
    mine yes free too Muddy paid it in full for the next year,only about 50 peeps but no bs there or talk talk,just alerts and some great ones.

    http://mysite.verizon.net/resynsu8/greenonthesc...
  • Seattle Guy
    investorslive - Thanks. I will soon be joining as seattle_guy
  • Mike_13th
    CSY more
  • Mike_13th
    great investorlive,..... SURG might have gotton out too soon,nearing backs hods
  • trader@MIT
    As predicted, PIR fades for the easy 2% pick up
  • Fluke
    Need some advice on ROYL please!!...is the run done here?
  • trader@MIT
    No, ROYL is not done, keep squeezing it
  • trader@MIT
    3.7% out of PIR thus far, potential seems to be waning.
  • its just at http://www.investorslive.com/chat you guys are more than welcome - Tim always is invited too I know he has his own gig that is working well but some are itching for during the day chatting live

    either way I'm still a Tim fan and sticking here
  • Mike_13th
    yeah love your site inestorslive,never miss a day there,great charts and comments.


    CRDC still strong 9.50
  • Fluke
    Time to get in ROYL yet?
  • Mike_13th
    CRDC shew closed hods 9.81

    watch HDLM short tomorrow,was pump about week ago,closed a ton at eod
  • TomT
    YngvaiMalmsteve - yea.. my small 4k account is down to 3k account... that was before I got on this site.. still learning.. going to get on Mike13th.. to help me back up to 4k.. 3 months.. down 1k.. cuz I traded the wrong way or didn't hold long enough.. got scare and jump out.
  • YngvaiMalmsteve
    Yeah, Tom, I went from $4200 all the way down to $2800. I made every mistake in the book. Shorting too early, shorting commodities plays, chasing trades, picking good trades but completely messing up my timing, trading too much...etc, etc, etc. Most of the time I was taking losses quickly, but I just had way *too* many losses, either because of messed up timing on good trades, or just bad trades in the first place. Commissions really hurt you on that small of an account, too.

    The *good* thing is that I developed myself a pretty good rules list and system from all those mistakes, and I think I'm turning things around now. Made $160 today after two winning long trades in CSY and MSPD (MSPD didn't go over $1 like I was anticipating, but I still came out with a small profit, and it was a good choice based on the chart).

    I'm keeping stats on my trades. Hopefully my system (which is designed to avoid all the mistakes that I made over the past month) will keep me profiting from now on.
  • moates, the $300 aint gonna help me as much as put an end to your stupid trading, thats why i pushed it on u

    brywest: no idea who carlin is, apparently they didnt like enough to keep it!

    scott: PMTI is a horrific short, my style is based in experience, u'd be best to stick to it or else u'll end up like yngvai making stupid trades

    rambone, you're not stubborn, you're just inexperienced, dont try to guess what stocks r gonna do, follow the chart patterns

    trader, congrats on your scalps on AAPL and PIR, dangerous way to make a living
  • Evan
    Tim,

    Enjoying your posts as always- was able to short the ptek spike yesterday morning, covered for some $$, then didn't look at it again because I wasn't sure about any move in it- not to mention the back and forth posts that were deafening from both pumpers and dumpers. I'm still in NTI- don't understand it and I know I'm being stubborn, but was wondering what would have to occur for you to consider it a short again. Since I still don't have the DVD, maybe a freebie answer to this question: When a pumped stock goes up too much (like it did), then consolidates (like it apparently did to make a move higher), do you look for the first down day again, or have the rules all changed? Hoping it drops, but more hoping to learn from my pain in this experience- whether or not I get out with a profit. The worst part of holding a stock that goes against what you thought would happen is that it ties up capital that could be used on perfect set-ups.
  • Laura
    Tim, Another hedge fund scam: http://tiny.cc/ID3ds
  • detestable, i actually met with sam israel a while back, he seemed nice
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Start Here

TIM Trades

View All
Date Stock Buy Sell Net
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: $92,304 (644%)