5 Stocks I Might Short Sell Soon
Posted by timothysykes on Wed 2nd of Jul, 2008 09:19:52 AM
Tags:
Lots of people are taking the next few days off—I’ll be right here as low volume days sometimes off the best pumps/ridiculous price surges to take advantage of…HYGS could be a prime example and so it’s my first possible choice for shorting, although it could run a lot more before it’s time to puke:
Hydrogenics Corporation (USA) (HYGS)
This has gone full fledged Supernova/vertical on strooooong volume, a clear t ripple over the past 11 trading sessions, a near-double over the past 4….don’t even think about shorting this one until a.) volume fades b.) it goes negative on the day in the afternoon…odds actually favor buying, even though I’m way too scared to do that—the patient short seller will be rewarded with a 50 cent intraday drop…reserve shares early, every morn, just in case it’s the big drop day
Tengasco, Inc. (TGC)
My $1.70 TIMalert buy now makes me look genius, even if I, along with just about all of you, sold for nice profits too quickly…I’ll be looking to short this one soon too, reserve shares just in case, but don’t be looking to short aggressively anytime soon.
Converted Organics Inc. (COIN)
Up due to CNBC hype, fluffy news and cuz it’s just down soooo much…let this thing spike, can’t wait to short it again, reserve shares early
IndyMac Bancorp, Inc. (IMB)
I would never ever try to bottom fish this thing as it could collapse at any moment…that said, respect Lionmaster’s research skills and he’s loaded up at higher prices so keep an eye on it…def. wouldn’t short either, risk-reward sucks
Rediff.com India Limited (ADR) (REDF)
Warned some people not to short in the morning, was dead right as there was a nice 30 cent spike…missed out on the bigger picture drop later in the day from $7.30 to $6.60…really wanted another day of spiking (increase odds of short squeeze collapsing), ah well, there’ll be plays like this mama says
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
TIMfundamentalsMy TIMalerts & PennyStocking Daily Research Explained! Read More about this brand new DVD HERE.
$397 USD
Read Testimonials 2
*SAVE $150!*
Pennystocking Part Deux
+
TIMfundamentals
$749 USD
Related Reading
105 Responses
Other Websites Referencing This Post
Leave a Reply
TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
gm COIN def. looks shortable soon…UVSE looks like the latest penny pump, chart looks to be bottomed, scalping that today, still holding HYBR until I see some weakness
4 stocks that are going to be fun to watch today….
UVSE…stronger volume every day…watch for a pop
HTOG
UPDV
QMNM
Hey Tim…watcha think about blockbuster today BBI????
imho HTOG is done for now, so is UPDV and QMNM
BBI is irrelevant to me–never bring up a real company here, we play frauds and gutter stocks!
Hey Tony,
You waiting for GST to break above 2.75?
UVSE up 30% 10 minutes into market open…come on baby!!!
up 50%…damn i love this shit
SQNM breaking out of bull pennant…
Evan, that’s what I was thinking. Looks like very strong resistance. It should run a little if it does but not sure how likely.
As a follow up to my post yesterday about my insider transaction program, CVH is up over 8% today, and INT is abotu flat from when I posted. As I said then, I usually just take 5% from these since they are highly liquid big board plays, and I put a lot into each one.
How do you guys find potential breakout plays? There are like thousands of stocks under $5 and waiting for stocks to appear on Yahoo’s Biggest Gainer list seems to be missing the boat.
it takes time to develop you’re own strategy Castanova, I mix following the message boards and chat rooms, with some good ole fashioned tech. analysis…
Castanova, you have to narrow down the 8000+ stocks to a select few that may be near resistence points, and then just watch and wait. You’ll always miss some, and there will be plenty of times that none of your selected ones actually breaks out, so you have to have patience and discipline.
QBIK is moving nicely to the upside.
COIN down to 6.30
HTOG is making another run…how high will this one go???
Here goes TGC again
longs, take your profits now. shorts, get ready. You have been warned.
Today might be the last day up for TGC
Tony GST holding good support at 2.60ish
Sniper, which stock are you talking about?
rambone: thoughts on HBAN, i’m thinking wait for final push to roughly 7 then think SS?
n one SS COIN? nice drop .75 from tdays high
SQNM a nice day trade
sorry, I thought everyone here was a mind reader. My morning play VGZ
brent, if I may interject- IMO short HBAN like mad if it hits 7. I did last week @ 6.60 and printed cash
Keith, why do you think that TGC is the last day to go up>?
Just a thought and its the 3rd day in a breakout. starting lots of resistence up here
thx, sniper, appreciate that. I think i do remember you shorting this thing last week. rambone had been long this week. Kinda wandering what his target was and if we may see near 7 print. U going to think SS if this level is reached again? Or, are u done with HBAN?
Someone here mentioned SINO as being a good short for days– Very True- it’s been dropping all week
OK, thanks. I am new here and I have been watching everything that you have been doing. I started to trade and so far so good. By just watching everyone I am trying to get the hang of things.
tim, what are u thinking on COIN? Or, are u already short? Probly not, since you haven’t said anything. I hope for a bounce back up near open, better yet a spike past for a better short entry…
The mainthing here is to control your emotions.It is the biggest killer in trading.
not in it now but am watching closely for another chance target s/s entry 7.00 also watching TCB target s/s entry 13.25
Investorslive… how are you playing SQNM? I’m hoping for it to base in a cup and take another run at the highs…
I sold out of half my position at 17.30 this morning…
Finally TGC got through 3.37
brent,
HBAN has no pattern now. Seems like 6 is solid support after it’s been tested numerous times. Better for a ride on the long side now but I’m done with it for now. I need patterns that are predictable and HBAN is acting too bouncy. I would never hold a banking stock long or short overnight. Heard European banks are set to raise interest rates tomorrow so oil is going to spike and our markets are going to plunge.
If ABAT finally breaks under 5.50 it’s a better play. Volume continues to sink. Don’t think it can hold its gains from the last 2 weeks.
QBIK finally broke loose after a 1 day delay. This one is going to continue running as it has no resistance and the breakout today is on high volume. imo
QBIK looking to pop through 4.99-5.00
I want in to QBIK but have limited funds so I will watch. Maybe learn, No definitely learn!
There goes GNTA my other call from last night. Monster break out. It had a similar chart to NCEY.
arte you in rambone QBIK?
TIMMAAYYY!!!
I got the DVD and BOOK!!! I leave tomorrow and will try everything in my power not to read the entire thing the first day on the amazon (you know with all the pirahna and anacondas to look at). Thanks for the inscription- when I come back I’m signing up my TOS account up for covestor so the world can watch a Timillionaire be born!
WHO is still in TGC?? LIft off!!
TGC hit 3.52
I am From 2.90 yesterdays post 3.15ish
How about QBIK. Got to get more cash going here
TGC another one I jumped the gun on selling, sold off yesterday at like 2.8 or 2.9 something. Bought back in today, bids steadily moving up.
Bought 1500 @3.4799
WOW I guess you do have balls, I am looking to get out up here. How far do you think she will run??